News

Friends Provident has sent a letter to the chairman of Resolution Limited setting out its proposed structure for a possible combination of the two groups.

The pension deficit of FTSE100 company schemes has doubled since January to reach more than £300bn, Deloitte figures reveal.

Guernsey and Jersey intend to follow the Isle of Man's move in committing to automatic exchange of information, but concerns of a level playing field prevail.

Find out who's moved where in another busy week in financial services

Aviva has cut the regular and final bonus rates on its with-profit funds as the market downturn continues to hit the insurer.

Aviva has announced the launch of MyHealthCounts, a health management service encouraging individuals to take pro-active steps to improve their lifestyle.

The FTSE 100 was up in early trading Friday following an overnight rally in New York.

Fred Goodwin, the former head of the Royal Bank of Scotland, wined and dined at Chequers with Gordon Brown in the same year that he was presiding over the biggest losses in British corporate history, The Independent reports.

Here we list who has moved where in another busy week in the offshore sector.

While house prices across Europe have plunged in recent months, a stream of wealthy tax exiles is continuing to push up property prices in offshore tax enclaves across the continent.