News

Just Retirement, the annuities and equity release specialist, has extended the deadline for a firm offer for the company by private equity bidder Avalon Acquisitions Ltd from 20 August to 25 September 2009.

Friends Provident has once again entered discussions with Resolution Limited after receiving a "sufficiently improved" bid from the Clive Cowdery-led acquisition vehicle.

Mortgage lenders have been using arrears charges as an alternative profit stream, to the detriment of struggling families, according to MPs.

Zurich appoints a new CEO in a quieter week on the appointments front.

Insurers are now paying out on more than 88% of critical illness (CI) claims as the industry battle to stamp out non-disclosure shows signs of success, according to LifeSearch.

The RDR will ‘empower' IFAs and allow them to take control of their business and its client relationships, according to Ascentric.

IFA Helm Godfrey is embarking on a recruitment drive, but says it wants individuals with the mindset to become 'life planners', not just financial advisers.

The Dow Jones soared to a near 100-point gain in early trading on Friday as positive job data bolstered investor confidence.

Landsbanki joint administrators, Deloitte, says savers can expect to receive another 25% of their money within weeks.

Thumper the rabbit, whose ‘parents'' savings are trapped in collapsed Kaupthing Singer & Friedlander (KSFIOM) has hopped on the YouTube bandwagon, making a video warning would-be savers not to bank on the Isle of Man, with similar clips pulling in thousands...