News

Consumers view their financial health in stark contrast to how the protection industry thinks they should, according to research from Swiss Re.

Axa today declared itself happy with its investment in Bluefin Advisory Services after the intermediary revealed it made a £62m write-down last year following a restructure of its private client division.

A US certified financial planner (CFP) has been stripped of the designation because she was found to be acting as a Russian spy.

Amundi ETF is expanding its offering across Europe with the launch of two funds on NYSE Euronext Paris.

Positive Solutions reports pre-tax losses for 2009 in excess of £7m, due largely to a one-off multi-million pound tax hit.

Up to 1,500 investors in Keydata-style life settlement-backed products have been told they will receive a fraction of their expected return because the bonds failed to get regulatory approval.

Life assurance group Just Retirement has acquired The Open Market Annuity Service (TOMAS) in a bid to streamline annuity shopping.

Deutsche Bank has launched two new db x-trackers ETFs, providing exposure to eurozone sovereign debt.

Jérôme Kerviel, the rogue trader who almost sent French giant Société Générale to the brink of collapse, has been sentenced to five years in prison and told to reimburse the bank €4.9bn.

Defined contribution (DC) platforms could provide a blueprint for pricing structures in the retail market, according to Fidelity.