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News

Your profession

Pru UK new business profits up 15%

Prudential has reported UK new retail business profits of £257m, up 15% on last year.

clock 09 March 2011 •

Investment

F&C launches strategic review despite return to inflows

F&C Asset Management has launched a strategic review of the business, despite reporting a return to net inflows for the first time in four years.

clock 09 March 2011 •

Pensions

Final salary schemes closing at a record rate - papers

Private sector employers are closing down their final salary schemes at a record rate, according to a new report by the National Association of Pension Funds (NAPF).

clock 09 March 2011 •

Economics / Markets

Northern Rock 'good bank' makes £232m loss - papers

Northern Rock PLC has announced underlying losses of £232.4m for 2010 in its first annual results since being split from its toxic loans.

clock 09 March 2011 •

PMI

Bupa revenues and surplus up 9%

Bupa grew its overall revenues and underlying pre-tax surplus by 9% last year.

clock 08 March 2011 •

Your profession

Ex-FSA MD Jon Pain joins KPMG

Jon Pain, formerly managing director of the FSA, will join KPMG as a partner working in its regulatory practice.

clock 08 March 2011 •

Your profession

IFA jailed for 21 months for £90K theft

An IFA who stole more than £90,000 of clients' life savings to pay his own debts has been jailed for nearly two years today.

clock 08 March 2011 •

Wrap/platforms

FundsNetwork unveils ISA enhancements

FundsNetwork has announced a series of offers available to advisers this ISA season including a bulk switching enhancement and extension of its consolidation campaign.

clock 08 March 2011 •

ETFs

Retail ETF portfolio passes £100m asset mark

Evercore Pan-Asset's PanDynamic model portfolio programme has attracted assets of £100m since its launch less than two years ago.

clock 08 March 2011 •

Income Protection

LV= overhauls IP and CI products

LV has overhauled its income protection (IP) and critical illness (CI) offerings, including extending coverage on both to age 70.

clock 08 March 2011 •
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