News

Former New Star CIO Theo Zemek claimed she was bullied by firm founder John Duffield, echoing allegations made by her ex-colleague Patrick Evershed, according to the lawyer acting for Evershed.

The Cautious Managed sector accounted for more than half of total sales on Cofunds in October in its best-ever monthly showing as advisers continue to favour outsourcing solutions.

Ageas Protect has seen its protection business almost double over the first three quarters of the year although it is yet to reach profitability.

Friends Life has announced completion of the outsourcing on IT and Customer Service functions of its UK Heritage business.

In this week's Retirement Planner quick fire poll we ask if you think the Maxwell Pension scandal could happen again?

Retirement Planner's roundup of the top pension stories.

The Financial Services Authority (FSA) has proposed rules to bring the protection of policyholders with unit-linked and index-linked life insurance products in line with new European legislation.

Isle of Man's Chief Minister Allan Bell has welcomed an evaluation carried out for the G20 which includes the island in a list of countries "strongly adhering to international standards of co-operation and information exchange."

Group protection business at Friends Life dropped by more than half in the third quarter of the year while individual business slipped slightly compared to the previous three months.

Jersey has signed a Tax Information Exchange Agreement (TIEA) with India, declaring the agreement a welcome development in the island's progress in establishing closer commercial ties with the country.