Aegon UK chief executive Otto Thoresen has been appointed as director general of the ABI and will take up his new role on April 4.

UK - Friends Provident's Trevor Matthews is to step down as chief executive and hand over the reins to former Scottish Widows chief Andy Briggs.

Friends Provident's Trevor Matthews is to step down as chief executive and hand over the reins to former Scottish Widows chief Andy Briggs.

Britain's property boom could be over for good and homeowners should no longer rely on their houses to fund retirement, housing minister Grant Shapps has warned.

Gartmore has confirmed it has received a takeover bid from Henderson Global Investors.

Standard Life signed 125 new scheme clients during the past nine months, helping to boost net inflows for the group by 60% to £7.2bn, results show.

David Stevenson asks if fund managers have got their asset allocation model right

UK - Rumours are escalating in the City that fund manager Gartmore could be ripe for a takeover approach, as its share price languishes more than £1 below its December 2009 flotation price.

Rumours are escalating in the City that fund manager Gartmore could be ripe for a takeover approach, as its share price languishes more than £1 below its December 2009 flotation price.

George Osborne has announced plans to abolish the Financial Services Authority and increase the powers of the Bank of England.