News

AIFA is reassuring members it has not given up the fight to ensure intermediaries do not foot the £58m compensation bill to cover the failure of investment ‘provider' Keydata, following veiled criticisms about its apparent inaction.

Neither former shadow housing ministers have been given a new role in government so far, and the role of housing minister is notable by its absence from the new cabinet.

Advisers have been left angry and anxious about their prospects of passing a CII exam because of an apparent ambiguous question worth more than a tenth of the overall marks.

Chris Grayling looks set to be named as the new pensions minister under the new Con-Lib coalition Government.

Prudential's plans to buy AIG's Asian business edged a step closer as regulators look set to approve the deal.

Advisers are split over the impact of the Tory u-turn on a planned rise in the inheritance tax (IHT) threshold, which was a casualty of the Con-Lib coalition negotiations.

The FSA is set to clarify the fate of trail commission when clients switch adviser from 2013 following concerns from advisers and providers.

LV= has added guaranteed insurability options, back to work support and career break options to its Income Protection (IP) offering.

The Cautious Managed sector was the top seller on Cofunds in April whilst UK All Companies saw a net outflow as the uncertain political situation weighed heavily on investor sentiment.

The number of mortgage borrowers in arrears and properties repossessed both fell in Q1 2010.