FTAdviser latest:TEP Exchange temporarily suspended from AIM

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.

  • Time published: 16:38
  • Date published: 29.06.2009
  • Published in: Insurance

Just Retirement in takeover talks with Avalon

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.

  • Date published: 26.06.2009

Product Adviser: LV= reduces protection rates

LV= has reduced the rates on nine out of 10 of its protection products.

  • Date published: 25.06.2009

L&G to cut further 200 jobs in UK risk division

Legal & General has entered into consultation with staff in its UK risk division, in view of making up to a further 200 roles redundant.

  • Date published: 24.06.2009

Aviva sells Australian life business

Aviva has struck a deal to sell its Australian life business and wealth management platform to National Australia Bank (NAB) for £452m.

  • Date published: 22.06.2009

Unum targets advisers with website launch

Income protection provider Unum has launched a new website for advisers.

  • Date published: 18.06.2009

Sun Life moves into UK market

A Canadian insurance company has bought the UK operations of Lincoln National Corporation for £195m.

  • Date published: 18.06.2009

Sun Life acquires Lincoln's UK operations for nearly £200m

Sun Life Financial is set to acquire the UK operations of Lincoln National Corporation in a deal worth £195m.

  • Date published: 15.06.2009

FSA names Hogg as new insurance sector head

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.

  • Date published: 15.06.2009

Friends Prov denies claims of consolidation in the South

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.

  • Date published: 15.06.2009

Comments

It’s all up to the consumers

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.

  • Time published: 00:01
  • Date published: 02.07.2009

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News Analysis

With profits stand firm in downturn

Often described as the dinosaurs of the investment world, with profits endowments have maintained strong payouts throughout the recession.

  • Time published: 00:01
  • Date published: 01.07.2009

Features

With profits special: endowments and bonds update

The latest with profits results are out and, although returns are down, they still stand up well against the competition, finds Gareth Shaw

  • Time published: 00:01
  • Date published: 01.07.2009

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