News

Aviva's share price has fallen 2.2% on news it is entering the US retail market with the creation of capital securities worth $400m (£295m).

The Financial Services Authority has sought to calm any concerns advisers may have about getting their statement of professional standing (SPS), reminding them of the 60 day window they have after RDR-implementation.

Ten of this week's best-read stories...

The FSA is set to undertake an examination of how platforms are regulated in other countries as part of its ongoing research into platform remuneration.

The Financial Services Compensation Scheme (FSCS) has reassured savers with Northern Rock plc and new owner Virgin Money that account holders will have separate cover at each of the two banks.

The National Association of Schoolmasters and Union of Women Teachers (NASWUT) has voted in favour of industrial action over proposed pension cuts.

Brokers have been warned to ensure that proper internal controls are in place to tackle a rise in simple but potentially business-threatening fraud.

Expatriates and their advisers are failing to look further than tax benefits when choosing a qualifying recognised overseas pension scheme (QROPS), Guardian Wealth Management has warned.

A new report has called for radical changes to the claims process for life, critical illness and income protection plans.

The Association of Medical Insurance Intermediaries (Amii) has warned that 2012 will be another tough year for the private medical insurance (PMI) sector.