News

Aviva has introduced premium reductions for when exclusions are applied to its critical illness plans.

Zurich has announced that its critical illness claims paid rate remained unchanged last year.

Investors over the age of 50 have doubled their lump sum contributions into share-based ISAs following the Government's increase in their allowance to £10,200.

George Soros has called for a radical break-up of banks which are "too big to fail".

Skipton Building Society will cut 90 jobs as part of a shake-up of the business.

Poverty among pensioners has fallen by nearly a third in eleven years, driven by increased uptake of private pensions, according to the Office for National Statistics (ONS).

The FSA has fined Derbyshire-based firm Sett Valley Insurance Services and its two partners £49,000 for failing to treat customers fairly and exposing them to "unsuitable advice".

Defensive ETFs have outperformed in the volatile markets experienced since the start of this year, according to ETF Securities (ETFS).

Legal & General has improved its immediate cover levels for people taking out life only cover (all types) and term assurance with critical illness cover (for business).

The level of payment restructuring still needed to make providers RDR-ready could set back implementation beyond 2012, according to Lighthouse Group executive chairman David Hickey.