News

Platform assets increased to £173bn in the final quarter of last year - despite a drop in sales owing to ongoing economic uncertainty, research suggests.

The UK's prized triple-A credit rating was under threat last night after US ratings agency Moody's put it on negative outlook, citing pressures from the eurozone.

The Association of Medical Insurance Intermediaries (AMII) has secured chair of the Health Select Committee, Stephen Dorrell MP as key speaker at its private healthcare summit.

British households are finding it increasingly difficult to make ends meet after research revealed many more now barely have enough money to cope with everyday expenses.

Bright Grey has added to its simplified products offering with the launch of its Lifestyle Plus plan.

Net retail sales of tracker funds hit a record high of £1.9bn last year, up some £200m on 2010, according to the Investment Management Association (IMA).

LV= has launched a personal pension with a 0.25% annual service charge, with additional investment management charges.

The FSA has varied the permissions of national stockbroker Pritchard for failing to adequately protect client money.

Solvency II will force all remaining defined benefit (DB) pension schemes to close and could lead to significant job losses as UK companies fold, lobby groups have warned.

The Income Protection Task Force (IPTF) is holding a heads of state meeting for CEOs of the major income protection providers.