News

Employers should make changes to their group income protection policies following the abolition of the default retirement age and increases in state pension ages, Legal & General is to warn.

Stephen Greenstreet, managing director of Aegon-owned IFA Origen, has resigned to pursue alternative opportunities within the financial services sector.

Standard Life has dismissed James Verner following the conclusion of an internal investigation.

Cru investment management founder Jon Maguire cashed in his £150,000 investment in Arch cru just 14 weeks before the fund range was suspended, and while his firm was still promoting the troubled fund to other investors.

Nucleus saw nearly £400m of new business in the second quarter of 2011 as the IFA-owned wrap nears sustained profitability.

SIPP provider Hornbuckle Mitchell has passed its £279,667 Financial Services Compensation Scheme (FSCS) interim levy on to investors, its accounts reveal.

FundsNetwork has launched a new website home page on the back of adviser feedback.

Independent advisers say they are undeterred by ambitious plans at Lloyds Banking Group to double sales and profits from its bancassurance division.

Thursday newspaper round-up: Lehman Brothers secretly borrowed billions of dollars from the US Federal Reserve months before the investment bank filed for bankruptcy, it has emerged.

Platforms are falling short on service levels despite this being one of the main reasons advisers switch between providers, research suggests.