News

Lloyds Banking Group has reported a statutory loss of £3.9bn in the first nine months of 2011 after being hit with a £3.2bn provision for payment protection insurance (PPI) claims.

Axa PPP healthcare has posted 33 videos on its website to help members to better understand the ins and outs of undergoing private medical treatment.

Hollywood legend Robert De Niro is to play disgraced financier Bernie Madoff in an HBO movie he will produce, according to reports.

Platform assets under administration fell more than 4% in Q3, according to figures from consultancy group The Platforum, which suggested advisers have begun to doubt the value of platforms to their business.

Aviva is set to launch a corporate wrap solution next year as it looks to grab a foothold in the workplace savings market.

The amount drawn down from property via equity release plans rose to £261m in Q3 of 2011, from £256m in the same quarter last year.

Providers of Solar VCT investments have moved to close their latest schemes after the government proposed bringing forward the deadline for slashing subsidies.

McGraw-Hill and CME Group - owners of S&P Indices and Dow Jones Indexes - have agreed a deal to form a joint indexing venture.

The Chartered Insurance Institute (CII) has brought together 28 young insurance professionals to create three New Generation Groups.

Now Health International has introduced a flexible currency facility for customers in around 200 countries.