News

Cuna Mutual Group has announced a deal to distribute LV='s term life assurance to its network of building societies.

Banking shares led the FTSE 100 lower late morning after Lloyds Banking Group revealed it had set aside £3.2bn to compensate customers for missold payment protection insurance.

Just 16 MPs have signed an Early Day Motion (EDM) in Parliament calling for an immediate review of the FSCS.

Axa Wealth platform sales on Elevate surged 140% in Q1, bringing total platform assets under administration to £2.5bn.

Financial secretary to the Treasury Mark Hoban has confirmed the government is on track to begin paying compensation to Equitable Life victims before the end of June.

Philippa Gee Wealth Management has beefed up its management team with two industry stalwarts as it eyes further growth.

Weak construction data suggests the economy is still too fragile to raise rates above their record low of 0.5%.

Wealth manager St James's Place says strong sales and its "excellent" retention of existing client funds helped it negate the effects of a slow quarter in stock markets.

A slew of downbeat economic data has bolstered the case against raising interest rates on Thursday, according to leading business groups.

Aviva has said its new integrated platform will help IFAs serve "Middle Britain" whilst also improving adviser efficiency in the run-up to RDR.