News

Royal London has agreed to buy the Co-operative Banking group's life insurance and asset management businesses in a deal worth up to £219m.

Some parents will be able to claim back up to a fifth of average annual childcare costs from the government under a new scheme.

Fay Goddard, the current chief executive of the Personal Finance Society (PFS), is to join Lighthouse Group as a non-executive director next month.

Aviva has added second opinion and practical guidance services to its critical illness (CI) products for advised clients.

Symponia has called today's social care announcement "a clever pre-Budget manoeuvre" designed to divert attention away from the ailing coalition.

Retail investors should be able to access less liquid investment strategies so they can benefit from longer-term investment decisions, according to new RWC Partners CEO Dan Mannix.

Cyprus' plan for an unprecedented 10% tax on savers has been dubbed a "monumental error of judgement" by one commentator, but it does leave some assets looking attractive.

TailorMade Independent, a distributor of Harlequin Property investments, has had its permissions changed to restrict its ability to carry on new pensions business.

Poor households are the biggest losers from the government's tax policies, TUC research reveals.

Almost half the funds in the Investment Management Association (IMA) Global Equity Income sector have cut dividend payouts over the past year, leading some wealth managers to caution income hunters when allocating to the increasingly popular space.