News

AXA PPP healthcare has announced a new structure and team to serve the intermediary healthcare market.

The FSA is considering providing staging posts for firms to indicate how much progress they have made in the transition to be RDR-compliant, but not until Q3 next year.

Sir Sandy Crombie, the retiring chief executive of Standard Life and a director of RBS, says the Chancellor's plans to cap bonuses at the bank is "troubling".

The FSA handed out heavier fines to fewer firms in 2009, figures show.

Barclays Wealth has launched a FTSE 100 lock-in investment offering a potential 60% return.

Simon Brazier, manager of the £553.5m Schroder UK Equity fund, is leaving the firm to take a senior position at another asset management company.

Legal & General is considering leaving Europe ahead of the introduction of European insurance framework Solvency II, The Telegraph reports.

BRITAIN'S economy will finally make it out of recession in the last quarter of 2009, but will perform much less strongly in each of the next three years than the Government is currently forecasting, the CBI will say today.

Aviva has avoided a £0.5m fire damage claim apparently due to the non-disclosure of a bad debt from 2004 worth a few hundred pounds.

Alliance Trust Asset Management has unveiled a high-conviction European Equity fund for former Scottish Widows veteran Fiona MacRae.