News

Financial advisers in Australia have been warned any attempts to get around the country's equivalent of the retail distribution review (RDR) will not be tolerated by the regulator.

British Friendly has launched its income protection (IP) product with network Positive Solutions.

Legal & General has raised its medical evidence limits for life and critical illness (CI) cover.

A professional indemnity (PI) insurance provider has warned the FSA's decision to raise the Financial Ombudsman (FOS) compensation limit will impact on premiums, despite the regulator's assurances to the contrary.

Philip Brown, head of retirement products at Partnership, is to join LV=.

Deposits in banks on the Isle of Man have fallen from £56.8bn to £49.9bn since Her Majesty's Revenue and Customs (HMRC) created a unit to focus on tax avoidance via offshore schemes.

Aviva has appointed Trevor Matthews as CEO of its UK region and as an executive director of Aviva.

Two Isle of Man companies celebrate their fifth year of operation.

Mark Hucker has been appointed Chief Risk Officer for Standard Bank Offshore.

Kleinwort Benson's £26.4m purchase of Close Offshore Group is now finalised.