News

Standard Life plans to target the high-end SIPP market, as part of an overhaul of its pension proposition.

Sales of variable annuities slumped 42% in the third quarter of 2009, research suggests.

The Financial Industry Regulatory Authority (Finra) has deferred the increased maintenance margin requirement for options on leveraged ETFs until April 30 2010.

Aegon UK has created two roles in its risk and finance division in a bid to improve returns and de-risk its balance sheet.

British banking chiefs have reacted angrily to news the Treasury is drawing up plans for a one-year windfall tax on bonuses paid to some UK-based bankers, reports the BBC.

Skandia has finally completed the migration of 280,000 active MultiFunds policies to its Skandia Investment Solutions (SIS) platform after a delay of over two years.

England were today drawn with the USA, Slovenia and Algeria in group C for next summer's World Cup in South Africa.

Fortis is offering advisers 10% additional commission for three months in recognition of its success at the ifs Financial Innovation Awards.

Friends Provident's protection products are available direct to the consumer (D2C) through Tesco from today, according to chief executive Trevor Matthews.

Britons have been saving more over the last five years - despite having to contend with economic turbulence, including the longest recession in the country's history, new findings suggest.