A near-25% rise in UK protection sales helped drive an increase in profits for the Royal London group in 2012.
Royal London has agreed to buy the Co-operative Banking Group's life insurance and asset management businesses in a deal worth up to £219m.
UK equity income managers, including Artemis' Adrian Frost, are stepping up their quest for the next generation of dividend payers as the London market's leading stocks disappoint.
UBS Asset Management is to become the latest group to boost its passive fund offering in the UK, as it launches the first product in a new range for retail investors.
Fixed income managers are turning more positive on bank debt after regulators announced they will allow banks to hold a broader range of corporate bonds as a capital buffer.
Henderson non-executive chairman Rupert Pennant-Rea is to stand down in May 2013 as the asset manager unveils a corporate restructure.
Royal London has agreed to change the terms used in its Scottish Life branded unit linked consumer contracts after the Financial Services Authority (FSA) found they may have been unfair.
This week, managers explain which moves have helped their performance in 2012.