News

Only 13% of over 45s would consider seeking help from a financial adviser with their care funding, despite more than half stating they are confused by the subject, according to research.

Aviva UK has reported a 21% drop in the value of new life business it wrote in the first half of the year, mainly due to a steep fall in annuity business.

Architas chief investment officer Caspar Rock - who has a small amount of exposure to contingent convertible securities (CoCos) though the firm's multi-asset active range - worries that the regulator's move to ban the product to retail investors may be...

Prudential has appointed the current executive director of insurance supervision at the Bank of England (BoE) to the newly created role of group regulatory director.

American International Group (AIG) has purchased Ageas UK's life and protection arm for £181m.

The Financial Conduct Authority (FCA) has outlined its expectations of firms and individuals when communicating with customers via social media.

Legal & General (L&G) is considering launching lifetime mortgages as more retirees eye equity release to fund their income.

Legal & General is to roll out an expanded D2C platform offering by the end of 2014 as it seeks to complement Cofunds with an enhanced direct service.

Small firms have seen improvements in the way the Financial Conduct Authority (FCA) communicates with them and said the regulator's approach has become "increasingly proactive, proportionate and predictable", according to a far reaching survey.

Sesame Bankhall Group has set aside £31m for possible customer redress as "a number" of business reviews with "uncertain" outcomes are completed, parent company Friends Life has announced.