News

Progress, the UK protection provider of Royal Liver Assurance, is closed to new business with immediate effect.

Average UK property prices increased by 0.1% in September to stand at £166,575, leaving the annual rate of house price inflation at 3.1%, according to Nationwide.

Complaints against personal investment firms, the majority of which are IFAs, climbed 46% to 20,398 between H2 last year and the first six months of this year, FSA data shows.

Standard Life took home the top gong of Platform of the Year at the Aberdeen UK Platform Awards.

Support services giant threesixty has negotiated a reduction on platform charges for IFA clients using Axa's Elevate Wrap platform.

The number of mortgage approvals dipped slightly in August, according to the latest Bank of England (BoE) figures, although the drop has been attributed to seasonal factors.

Britain is now home to more than 280,000 millionaires representing some £1.3trn in wealth, according to the latest research, in an indication the UK's economic health is improving.

Tory MP Ken Clarke has given up the lucrative grace-and-favour pension pot he is entitled to as Lord Chancellor.

To mark the launch of Medicals Direct International (MDI) the company has signed as a main sponsor of a major international conference for insurance underwriters.

State Street Global Advisors (SSgA) has appointed Scott Ebner as global head of ETF product development, based in London.