News

European governments yesterday discussed the prospect of a fresh multi-billion euro bailout for Greece - just a year after committing €110bn - in a bid to calm the markets and stabilise the region's currency.

The CII has recovered a batch of exam scripts lost by a courier, meaning 35 candidates will not have to re-sit the paper.

The British Insurance Brokers' Association (Biba) has withdrawn its private medical insurance (PMI) scheme for members to remove a clause that handed all currently held business to its partner Jelf.

ALC Health has increased the annual limits of its Premier, Classic and Ibérica plans in its Prima range.

Nucleus has announced a 113% surge in revenues for the first three months of the year in what was a record quarter for the IFA-owned wrap.

Prime Minister David Cameron has promised to make ‘substantive changes' to the NHS reforms currently before Parliament.

SIPP and SSAS provider Curtis Banks has bought rival Montpelier Pension Administration Services (MPAS) for an undisclosed sum.

The government should allow investors to move assets between different wrappers more easily to aid retirement saving, Tom McPhail, head of pensions research at Hargreaves Lansdown said.

The FSA has refuted claims it is failing to fulfil statutory obligations to provide consumer financial education.

A lack of clarity from the FSA about advisers' use of platforms means firms have to "second guess" the regulator's requirements, according to The Platforum managing director Holly Mackay.