The small to medium enterprise (SME) market for private medical insurance (PMI) is unsustainable, PruHealth has said.
Assets in ‘safe-haven' exchange-traded products (ETPs) rose last week as investors adjusted positions in response to falling stock markets.
Global stock markets have slipped deeper into negative territory as investors continue to fret about the US downgrade and the eurozone debt crisis.
The historic downgrade of US debt capped a momentous week which saw global markets go into free-fall.
Royal Liver is to move out of its iconic Liverpool headquarters as part of its merger with rival Royal London, resulting in the loss of up to 222 jobs including 26 from Royal Liver's asset management business.
Keydata founder Stewart Ford has had his bid to stop the sale of some of Lifemark's assets rejected in a preliminary order by a Luxembourg court, but has said he plans to appeal the ruling.
Fidelity has today launched its Workforce Management Service (WMS) for employers who will next year be trying to cope with auto-enrolling their staff into a workplace pension scheme.
Axa Wealth platform sales on Elevate increased 107% in H1, bringing total platform assets under administration at the end of Q2 to £2.9bn.
Auto-enrolment queries are beginning to mount for The Pensions Advisory Service (TPAS) and now account for up to 3% of monthly calls.
Current extreme market volatility should be seen as an opportunity rather than an excuse to become more defensive, according to Anthony Bolton.