Insurance

Legacy commission still accounted for more than half of adviser income at end of March, according to research released today.

The number of financial advisers with chartered status has increased 24% year on year, according to a document released by the Chartered Institute of Insurance (CII) today.

The Financial Services Compensation Scheme (FSCS) has detailed how it plans to distribute recoveries it anticipates to receive from Lifemark SA, a bond provider whose products were marketed in the UK by collapsed firm Keydata, with investment advisers...

Advisers and agents selling clients investments in Caribbean villas run by Harlequin Property received commissions of up to 15%, according to a lawyer close to the situation.

New business at insurance giant Aviva was up 18% in the three months to 31 March, reaching £191m, according to its latest results.

Tributes are continuing to flood in for Len Warwick CBE, a former president of the Life Insurance Association (LIA), who died on Sunday.

Len Warwick, who has been described by colleagues as a "pioneer" of professionalism and treating customers fairly (TCF) in financial services, has died aged 68.

Banking giant HSBC has proposed reducing staff numbers by 1,149 as part of a restructure of its wealth business.

Harlequin Management Services (South East), which trades as Harlequin Property, has filed a notice of intention to appoint administrators at the High Court of Justice.

Skandia has launched a critical illness (CI) product as many advisers "re-prioritise" protection following changes to retail investment advice made following the Retail Distribution Review (RDR).