News

The man leading the FSA's RDR team today said firms will need to demonstrate to the regulator they are "constantly reviewing and refreshing" the products on their panels.

Aegon is halving the number of its UK sales centres as part of a restructure designed to cut operating costs by 25% by the end of next year.

Aviva has increased its critical illness (CI) claims payment rate to 93% in the first six months of 2010.

Online trainer WizardLearning.com has launched a range of learning tools helping advisers taking the new CII Diploma in Regulated Financial Planning.

AXA Wealth International has appointed Prudential's Richard Leeson as sales and marketing director.

Greece's economy contracted by a worse-than-expected 1.8% in the second quarter as consumers in the debt-laden country reined back spending.

A new wealth management boutique has launched with plans to acquire the businesses of retiring IFAs.

Friends Provident has launched an absence tracking system to help employers tackle the £16.8bn cost of absence.

Sesame Bankhall is planning a new investment platform to fill the gap left by Bankhall's Portavista which closed earlier this year.

A Norwich letting agent has admitted stealing more than £143,000 in cash from clients of the company he ran.