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News

Regulation

FSA bans Wills & Co from giving investment advice

The FSA has forced stockbroking firm Wills & Co to retrain its advisers and prevented it from giving investment advice because of poor sales practices.

clock 17 February 2010 •

Individual Protection

Aegon increases multi-benefit discounts for menu plan

Aegon has increased the multi-benefit discounts available when a customer takes out two or more benefits on the same menu plan.

clock 17 February 2010 •

Critical Illness

Scot Prov notes increase in Family Income Benefit demand

Scottish Provident has reported a four-fold increase in sales of its critical illness plans on an income basis.

clock 17 February 2010 •

Group Protection

L&G protection sales fall 13%

Legal and General's protection sales slumped 13% last year to £180m (APE).

clock 17 February 2010 •

Investment

Female savers increasingly turning to ISAs

Female savers and young people are taking an increasing interest in ISAs, research suggests.

clock 17 February 2010 •

Economics / Markets

UK almost in PIIGS league

The UK's soaring budget deficit has relegated it to the ranks of the "PIIGS", says research by RBC Capital Markets.

clock 17 February 2010 •

Economics / Markets

BoE unanimous on interest rate freeze

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep interest rates on hold this month.

clock 17 February 2010 •

uncategorised

IFAs facing 100% penalties for tax advice

IFAs could face substantial tax penalties if they offer inheritance tax advice, according to the Tax Advice Network.

clock 17 February 2010 •

Investment

T.Bailey merges UK Best Ideas into Growth fund

T.Bailey is planning to merge its £1.7m UK Best Ideas fund into its £158m flagship Growth portfolio.

clock 17 February 2010 •

Protection

L&G gets retail investor boost in 2009

Legal & General(L&G) saw its UK savings division weather the storm in 2009, with new business APE up 3% to £907m from £879m the previous year.

clock 17 February 2010 •
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