News

The FSA has delayed the long-awaited publication of its platform consultation paper owing to intense lobbying from some of the industry's largest players.

Variable annuity sales rose by 34% to £445m in the first half of 2010 compared to H2 of 2009, according to research from Towers Watson.

The rate of insolvencies among UK businesses fell by 30% last month year-on-year, according to Experian.

Andrew Sentance voted against the rest of the Monetary Policy Committee (MPC) for a rise in interest rates for the third consecutive month, minutes from the August meeting show.

Tim Geithner, US Treasury Secretary, has revealed the Government will continue to guarantee mortgages to minimize the risk of housing-led recessions in future.

The recession has reduced the time left for 'AAA' rated states including the UK to avert sovereign debt crises as their populations age, Moody's warns.

Legendary investor George Soros heavily cut back his US weighting in the second quarter as market volatility increased.

Henderson has recorded a £1bn net inflow into higher margin assets over the first six months of the year, including a net £100m into its UK retail fund range.

Bupa is offering a free health assessment to all new income protection customers and their introducing intermediary.

The Dow Jones has made steady gains on the back of positive US economic news, allaying fears of a slowing economy.