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Royal & Sun share price rallies after profits fall

Royal & Sun Alliance has managed to talk up its share price even though profits have plunged over the past nine months.

It reported a nine month profit fall to the end of September of 6.1 per cent compared to the same time last year but its share price still rose 5p – 1.2 per cent on the morning of Thursday, November 4 to 10am.

Operating profits were £461m in the nine months to September 30 – down from £491m for the same time last year.


Bristol & West launches fixed rate bond range

Bristol & West has launched four fixed savings bonds, paying up to7.30 per cent over terms of between six months and three years.There are two Direct Savings Bonds over six months and one year operated by post and two Easy Life Bonds over two and three years available through Bristol & West branches.All feature a […]

Woolwich and Marsh & McLennan launch joint IFA venture

The Woolwich and Marsh & McLennan Companies have agreed to establish an IFA joint venture.The joint venture will acquire the business of Sedgwick Financial Services, in a transaction which is conditional on approval by the PIA.The new company Sedgwick Independent Financial Consultants, will have some 145 registered intermediaries and focus on advising clients gained through […]

Ssas trustee law-break risk

Britannic Assurance is merging its marketing and business development teams in a bid to improve customer relations.The integrated teams will be led by new head of marketing David Newman. He was previously national marketing manager.The move follows the life office&#39s launch into the IFA market and the development of a new website earlier this year […]

Ssas trustee law-break risk

Aon Consulting is calling for employers not to be held responsible if a Aon Consulting is calling for employers not to be held responsible if a stakeholder pension performs badly.Aon says a key factor in making stakeholder pensions work will be to keep the burden on employers to a minimum.Although it says it is too […]

Tax year-end planning with the family

From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]


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