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L&G will give 1bn to shareholders

Legal & General is planning to release 1bn cash to shareholders in the next two years as part of a wider capital restructuring. The cash will be returned through a combination of special dividends and share buybacks.

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Two years of regulation

The mortgage business has come a long way since M-Day in October 2004, with an influx of new lenders moving into the market and borrowers gaining confidence in the sector. Helen Pow reports

Analysts clash over life source

A City analyst has accused consultant Ned Cazalet of exaggerating the level of churning in financial services and argues that persistency problems lie primarily with life products rather than pensions.The paper from analyst Fox-Pitt Kelton is entitled The DNA of Life and says market growth is real and not just churned business.The claims fly in […]

UnumProv extends protection to 70

Unum Provident is extending its income protection plan to cover policyholders up to the age of 70 in response to the recent changes to age discrimination laws and the likely raising of the state pension age.The insurer believes it is unique in offering IP up to age 70- IP policies typically expire at age 65- […]

A guide to automatic re-enrolment

Since the introduction of auto-enrolment in 2012, it has been a popular topic in the press. Recent media focus has been geared towards small and micro employers; however attention is set to return to the UK’s largest businesses as they prepare for re-enrolment. Johnson Fleming has produced a useful guide that provides essential information to help you […]

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