News

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.

L&G has given the use of Subject Access Requests (SARs) a ringing endorsement and said they produce much better results than other methods of obtaining medical information.

The Financial Ombudsman Service (FOS) looks set to hold its ground on plans to include the names of businesses involved when it starts publishing final decisions.