Jenna Towler
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Canada Life sells £2.7bn closed book to Scottish Friendly
155,000 long-standing policies worth £2.7bn from closed book of business sold to Scottish Friendly as Canada Life focuses on annuity market
SimplyBiz to float on London Stock Exchange
Set to happen on 4 April
Standard Life Aberdeen sells insurance arm to Phoenix for £3bn
Retains platform and financial advice business
FSCS ups total levy to £336m for 2018/19
Covers nine month period
FOS: Now not right time to change funding model
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
FCA chief exec unconvinced FAMR will close advice gap
'Jury still out' on technology and advice
Ex-FCA chief exec Martin Wheatley nets £827k in final year
Total pay of £710k in previous financial year
Lifetime ISA withdrawals should cover critical illness - TISA
Should Lifetime ISA restrictions be relaxed?
LV= names Richard Rowney as chief executive
Takes up position this summer
FSCS lowers total levy to £337m but SIPP advisers see bills rise
Life and pension advisers face £90m levy demand
LV= CEO Mike Rogers steps down
Ten years in the job
Sam Woods to head Prudential Regulation Authority
Takes over from Andrew Bailey
Standard Life's 1825 buys Baigrie Davies
Third acquisition in past month
Tracey McDermott: FCA considering return of commission
McDermott: 'I wouldn't rule it out but we will not reverse RDR'
Scottish Widows chief executive exits
Toby Strauss, the chief executive of Scottish Widows, is to exit the group after four years.
Positive Solutions re-enters FOS complaints top five
Positive Solutions has reappeared in the Financial Ombudsman Service's (FOS) list of the top five most complained about advice firms.
Govt and FCA launch major review of financial advice market
A major review into consumer access to the financial advice market has been launched by HM Treasury and the Financial Conduct Authority (FCA).
Pensions minister Steve Webb loses seat to Conservatives
Liberal Democrat MP Steve Webb, who has served as pensions minister for the last five years, has lost his parliamentary seat.
Webb 'sceptical' on IP role in state welfare system
Steve Webb remains "open minded but sceptical" about private income protection insurers becoming involved in the state welfare system.
Zurich critical illness policy payouts top £65m
Insurer Zurich paid out on 94% of its critical illness policy claims last year, up from 90% in 2012, latest statistics show.
Quarter of advisers say RDR 'toughest period' of professional life
More than a quarter of advisers saw preparation and implementation of the Retail Distribution Review (RDR) as the "toughest" period in their professional life, a survey has found.
Tax hikes predicted as population ages
The cost of dealing with the country's ageing population will increase government spending by about 4% of GDP - or £61bn in today's terms - by the 2060s, according to government projections.
Symponia: independence not sole factor in LTC advice
Getting financial advice on long-term care (LTC) is a welcome part of the latest Care Bill, however, it is not essential that advice is independent, trade body Symponia has said.
Partnership set for IPO
Partnership Assurance is to float on the London Stock Exchange.
Financial penalties retained by FCA used to cut fees
The Financial Conduct Authority (FCA) plans to use the element of financial penalties it retains after passing cash to the Treasury to lessen fees across those it regulates.
Banks' PPI stockpiles will run out by December
The money banks have set aside for payment protection insurance (PPI) mis-selling compensation will run out by the end of the year, according to analysis from Which?
SRA backs restricted advice referrals
The Solicitors Regulation Authority (SRA) is to recommend that members are allowed to refer clients to both restricted and independent advisers.
MAS names DWP director as Hobman successor
The Money Advice Service (MAS) has hired Caroline Rookes as its new chief executive to succeed Tony Hobman.
Aviva job cuts to save £250m by year end
Aviva's programme of job cuts, which will see 800 staff made redundant, is on track to save the insurer £250m by the end of the year, according to latest results.
MAS boss: We are addressing enormous advice gap
More than 700,000 people contacted the Money Advice Service (MAS) in the last six months, an increase of 8% compared to last year.
Health secretary backs Dilnot care cap
The coalition will introduce the £35,000 cap on social care costs as recommended by the Dilnot "as soon as" it is able, the health minister said today.
Ex-IFA sacked for 'drunken abuse' awaiting £25k payout
A former adviser who won £25,000 in compensation after being unfairly dismissed for 'drunkenly offending' a client is still awaiting her payout months after the case was resolved in her favour.
Tied adviser swindled friend out of £22,000
A former tied adviser who defrauded a friend out of £22,000, pocketing £10,000 for himself, has escaped jail but must repay the money.
Prudential boss Thiam named next ABI chairman
Tidjane Thiam has been named as the next chairman of the Association of British Insurers (ABI).
Zurich puts 90 jobs at risk across UK life operation
Zurich plans to make 90 redundancies from its UK life business as part of cost cutting measures in light of the challenging economic environment.
Alliance demands action on 'unfair' long-term care
An alliance of long-term care groups and campaigners has created a six-point plan calling for urgent and significant reform of the country's "unfair system".
Strong recovery in financial services industry confidence
Confidence in the financial services industry has dramatically improved in the last quarter, with life insurers and investment managers "particularly bullish", a poll shows.
Budget: Life policies under HMRC tax avoidance spotlight
Life insurance policies and annuity contracts will come under increased scrutiny from HM Revenue & Customs (HMRC) as it cracks down on income tax avoidance.