The FSCS will raise an initial levy of £100m for life and pensions advisers in 2017/18, but could raise a supplementary levy due to the volatility of SIPP-related claims.
Aviva has reported a 12% rise in its operating profit to £3bn, underpinned by strong performances from Aviva Investors and its UK and Ireland General Insurance arm.
The Association of British Insurers has today welcomed the independent Dormant Assets Commission’s recommendation to use unclaimed assets in the life and long term savings industry...
British Friendly’s Distribution and Marketing Director Iain Clark has been announced as the friendly society’s new CEO, subject to regulatory approval.