News

Middle aged Britons are the unhealthiest in the world, according to new research.

PruProtect has called for protection insurance to be made compulsory and said it is already seeing signs of advisers switching to protection to anticipate the Retail Distribution Review (RDR).

(Updated 2:30pm) Banks are continuing to take the brunt of the latest market sell-off as fresh fears of a European banking crisis emerged on Monday.

Phoenix Group, the closed life fund consolidator, may allow more holders of small policies to cash them in without penalties.

Skandia has hit out at FundsNetwork's decision to disclose its fees, suggesting the move was prompted by a desire to placate B2C investors.

Schroders has expanded Johanna Kyrklund's multi-asset team with the appointment of Matthias Scheiber as fund manager.

LV= has added its family income benefit (FIB) plan and combined life and critical illness quotation with different sums assured to its True Potential offering.

A London-based Chartered Financial Planner has been appointed secretary of international financial planning association the Million Dollar Round Table (MDRT).

Net retail fund sales for July fell to their lowest level since October 2008 while equity funds saw net outflows for the first time in over two years.

Investment management firm Brewin Dolphin has sold its pensions management division to actuarial firm Punter Southall.