Story by: Gemma Westacott, FTAdviser
TEP Exchange Group, the web-based platform for trading endowment policies, has had its listing on the Alternative Investment Market (AIM) temporarily suspended.
Just Retirement looks set to be bought by Avalon Acquisitions Limited, a company formed by funds advised by Permira Advisers, for about 76p per share.
LV= has reduced the rates on nine out of 10 of its protection products.
Legal & General has entered into consultation with staff in its UK risk division, in view of making up to a further 200 roles redundant.
Aviva has struck a deal to sell its Australian life business and wealth management platform to National Australia Bank (NAB) for £452m.
Income protection provider Unum has launched a new website for advisers.
A Canadian insurance company has bought the UK operations of Lincoln National Corporation for £195m.
Sun Life Financial is set to acquire the UK operations of Lincoln National Corporation in a deal worth £195m.
The Financial Services Authority (FSA) has appointed Ken Hogg, currently interim chief financial officer at MGM Assurance, as the regulator's new insurance sector director.
Friends Provident has denied claims that it is considering consolidation of its South England offices - a move that had been tipped to result in job losses.
The FSA has been warned that yet again that it is failing in its duty to consumers. The warning, from the Financial Services Consumer Panel, is a response to the FSA's discussion paper, Consumer Responsibility.
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