News

Mortgage intermediaries performed 23% more mortgage sources in June compared to May, according to mortgage sourcing provider TrigoldCrystal.

Friends Provident International has announced the launch of the Optus Group Protection policy in the Middle East.

The Personal Accounts Delivery Authority (PADA) spent £30.8m over the 12 months to the end of March.

Shareholders in Friends Provident are expected to urge the group to return to takeover talks with Resolution after the insurer roundly rejected its latest proposal, reports The Times.

The FTSE 100 extended its rally this morning, marking six straight sessions of gains.

Friends Provident has rejected a fresh offer for the insurer from Resolution, saying its proposals are "flawed in a number of significant ways".

Direxion Funds has released two Direxion Daily Shares 3x ETFs, comprising leveraged bull and bear funds tracking the MSCI US Reit index.

The FSA is being criticised for coupling short-term income protection (IP) with payment protection insurance (PPI) in a letter warning providers about contract terms.

The Conservatives have said they will abolish the FSA and give the Bank of England greater responsibilities as part of radical plans to strengthen financial regulation in the UK.

Nearly two-thirds (63%) of people in Britain continue to think ‘it' will never happen to them according to new independent research commissioned by Scottish Provident.