News

Zurich International Life (ZIL) is set to cut its distribution in the European Union and focus instead on opportunities in the Middle East.

Sir Fred Goodwin, the disgraced former chief executive of RBS, may be finally bowing to public pressure to hand back a portion of his £703,000 a year pension.

NatWest International Personal Banking (IPB) has launched two structured deposit accounts offering customers security and potential growth through the diverse green or UK business sectors, or the FTSE100 index.

Bupa Individual Protection is extending its premium reduction offer for excluded conditions on critical illness.

The G20 summit in London yesterday ended with a $1trn plan to revive the global economy, including reforms of the IMF and stricter regulation of financial sectors.

Aquila Capital has launched the AC Agri Opportunity fund (AOF) investing in farm properties in Brazil, Australia and New Zealand.

The FSA sanctioned an interest rate rise on loans it pushed to advisers as a way of paying their regulatory fees despite plunging base rates.

The Government should pay half of this year's Pension Protection Fund levy in a bid to help scheme sponsors, Punter Southall says.

The chairman of Royal Bank of Scotland has called for an end to the 'public flogging' of the beleaguered bank, as he admitted it will be making further job cuts, reports The Telegraph .

Banks lead a decline in the FTSE 100 in early trading this morning, as the index struggles to maintain yesterday's rally on the back of G20 news, decreasing 20.03 points, or 0.61%, to 4099.94.