News

Just one in 20 employers intends to use the National Employment Savings Trust (NEST) for auto-enrolment, according to Punter Southall research.

Ellipse has entered the group income protection (GIP) market with the launch of its InteractPlus product which includes an integrated absence management system.

Brewin Dolphin saw a 6% fall in revenues over the 13 weeks to 31 December 2011, although assets under management grew, according to an interim management statement released today.

Trade associations across Europe have welcomed proposals by the European Securities Markets Authority (ESMA) to increase investor protection and transparency on UCITS, but concerns remain over consistency of approach in relation to non-UCITS funds.

Fixed term annuity (FTA) provider Living Time will relaunch as Primetime Retirement in Q1 this year.

Aviva has sold off its interests in the Czech Republic, Hungary and Romania to MetLife in a €57m deal allowing Aviva to concentrate its focus on those markets where it has "strength and scale".

Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.

The Department of Work and Pensions (DWP) has admitted it overestimated the number of workers who will be auto-enrolled by the end of this parliament.

The Chartered Insurance Institute (CII) has called on financial planners to volunteer in schools, as part of a campaign to encourage financial education.

Former RBS chief executive Sir Fred Goodwin has had his knighthood cancelled and annulled by the Queen.