News

An IFA has written a scathing open letter to Financial Services Authority chief executive Hector Sants, calling for his resignation over the closure of an EEA life settlement fund just days after the regulator said it wants to ban the investments.

Lloyds Banking Group has offered to exchange £4.9bn of its outstanding bonds in order to raise new capital.

A row is brewing involving doctors and insurers that may result in advisers and their clients being stuck between the two factions.

Disabled people living in residential care will continue to have their additional mobility needs met, the Government has announced.

Global health services company Cigna has finalised the acquisition of FirstAssist Insurance Services.

Advisers with clients invested in life settlement fund EEA have branded the Financial Services Authority's (FSA) rhetoric on traded life policy investments (TPLIs) "reckless" after the fund was forced to close.

The vast majority of private medical insurance (PMI) policyholders are against the introduction of open referrals by Bupa, according to research by ComRes.

Offshore company formation specialist aims to offer a one-stop shop to intermediaries with international clients in the UK and Europe.

Barclays Capital, the investment banking division of Barclays Bank PLC, has launched the Emerging Market Index Linked Structured Deposit Account as part of its Structured Deposit Series for Offshore Bonds.

IFAs will now be able to compare, quote, and apply for LV='s budget income protection (IP) product through the Avelo Exchange.