Jupiter chairman Dundas steps down due to ill health

Current senior independent non-executive director at Jupiter, Liz Airey, has replaced Dundas as non-executive chairman of the board.

Mattioli Woods posts 11% profit increase

Pre-tax profit of £5.1m includes £400,000 profit from Atkinson Bolton.

Webb hints at provider reprieve over 'huge' exit penalties

Webb says Government is talking to industry to deal with exit charges undermining pension flexibility.

Virgin Money edges closer to IPO

Sky News reports that Virgin Money could launch its shares on the stock exchange as early as October.

SLI cuts Ignis equity managers

Standard Life Investments has replaced the Ignis equity managers from 15 funds with its own managers.

BoE: Purchase approvals up 8% but remortgage lending down again

Economists say purchase figures are proof lending is starting to recover following the Mortgage Market Review.

Accord Mortgages introduces LTI cap on loans over £500k

Lender limits loans over £500,000 to four times income.