News

Zurich's half year results showed 91% of critical illness (CI) claims were paid out.

Industry experts are "horrified" that the Liberal Democrats are considering cutting tax relief on ISAs and pension contributions for the wealthy.

Scottish Widows Investment Partnership has hired BlackRock's Calum Smith to the newly-created role of head of global aggregate in its fixed income team.

The ministerial reshuffle could pose a serious threat to the continuity and timescale of social care reforms, Partnership has said.

Scottish Life is the latest provider to accept requests from former Honister Capital IFAs to transfer in bulk the advisers' clients to their new employer.

The Financial Services Authority (FSA) has warned adviser businesses they risk mis-selling to consumers, even with the abolition of commission, if they remunerate their staff based on the revenues they earn.

Facebook founder Mark Zuckerberg has said he will not sell any of his shares in the company for at least a year in a move to boost investor confidence, after shares in the social networking giant sank to a new low.

UK shares were once again lower this morning, extending yesterday's sharp losses as falls in Asia overnight impacted confidence.

Hargreaves Lansdown recorded a 21% increase in profits in the year ended 30 June, driven by revenues from its Vantage platform.

A sixth of workers have lost track of a company pension fund after moving jobs and the vast majority have no idea how much their contributions amount to, Prudential research has found.