Updated 12:15: The FTSE suffered triple-digit losses in Tuesday trade after a third explosion rocked Japan's Fukushima nuclear power plant, raising fresh radiation fears and sparking a 1,000-point plunge on the country's Nikkei index.
UK - Two more senior figures are to leave insurance giant Aegon UK as the company continues a restructuring programme designed to cut operating costs by 25% by the end of the year.
Two more senior figures are to leave insurance giant Aegon UK as the company continues a restructuring programme designed to cut operating costs by 25% by the end of the year.
Aegon expects to complete a customer redress exercise currently estimated at £60m by the end of next year.
Scottish Equitable has been fined £2.8m by the Financial Services Authority for a series of administrative failings including underestimating the value of customers' future pension benefits to the tune of almost £7m.
Standard Life today said it expects a net headcount reduction of some 500 employees over the next 15 months as it rolls out the second phase of its group restructure.
Royal London Group lost £2m in the first half of 2010, compared with an £18m profit last year.
Buyout vehicle Resolution will continue to target further life company acquisitions after posting pre-tax profits of £203m in the first half of the year.
UK - Buyout vehicle Resolution will continue to target further life company acquisitions after posting pre-tax profits of £203m ($317m) in the first half of the year.
Sesame Bankhall will launch a restricted advice service for at-retirement customers with small pension pots.