News

Aviva has overhauled its senior management team and announced a revised strategic business plan after major shareholders raised serious concerns.

IFA support provider SimplyBiz has received more than 90 expressions of interest from member firms keen on taking on advisers affected by the administration of adviser group Honister Capital.

Bob Diamond has told MPs he feared Barclays would be nationalised during the credit crisis because of its high borrowing rate.

Readers enjoying our very popular Coffee Lounge may notice we've updated our daily Sudoku challenge.

Equity release advisers need to ask themselves whether they adequately consider client longevity, according to Bridgewater Equity Release.

RSM Tenon has appointed David Jeffcoat to the role of non executive director.

The Bank of England's deputy governor Paul Tucker has asked to be allowed to address the Treasury Select Committee following the revelation he contacted Bob Diamond to discuss Barclays' LIBOR submissions.

The Association of Independent Financial Advisers (AIFA) has criticised the FSA's handling of the administration of Honister Capital.

Banks should be subject to the same level of scrutiny as the trustees of pension funds, a consultancy says.

An insurance broker has had her permissions to carry out regulated activities cancelled by the Financial Services Authority (FSA) on suspicions that her firm is being controlled or managed by others.