News

Perspective Financial has launched a corporate pension and employee benefits division.

Prudential rushed last night to complete a Hong Kong listing for its shares amid doubts investors would approve its record $35.5bn acquisition of AIA, the Asian division of American International Group (AIG).

China could end its near two-year currency peg on the dollar as soon as next month, according to respected economist Professor Nouriel Roubini.

The FTSE 100 opened flat following a mixed performance in the US overnight. The UK index was up 0.07% or 3.07 points to 5,610.

The slow but steady rise in house prices in recent months may be stunted as more properties come on to the market, surveyors say.

Gilliat Financial Solutions has launched the second plan in its 50/50 Deposit series which splits capital equally between two investments.

Meteor Asset Management has reissued its Protected FTSE plan.

ALC Health has launched a partnership with HTH Worldwide providing access for its members to doctors and hospitals in 180 countries.

AIG is selling its American Life Insurance Company (Alico) business to rival MetLife for $15.5bn (£10.3bn), as part of its continued efforts to pay off its federal bail-out.

CIGNA HealthCare is uplifting the reimbursement limits on its dental plans from the 1st of April 2010.