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A journalist since 2009, Laura is in her second stint as news editor of Professional Adviser, where she has worked for a number of years. She specialises in uncovering problems in retail finance, and has reported on some of the biggest failures in the investment world, including Keydata, Arch Cru and Harlequin Property.
Aviva has said it expects its acquisition of rival Friends Life to generate extra revenue of £600m over the next two years, including cost savings for the company of £225m.
The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.
Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.
Clients who buy the same protection products via Sesame could pay vastly different premiums amounting to thousands of pounds more depending on which of the network's two types of adviser they deal with, an investigation by COVER's sister title Professional...
Aegon's UK business has reported a £5m fall in earnings before tax for the final quarter of last year, which it said is the result of a £7m spend on technology including on a non-advised platform.
Britain must see a business recovery before interest rates can begin to rise, according to Mark Carney, the Governor of the Bank of England.