The Association of British Insurers has revealed that a near doubling of Covid payouts was a major factor in the record £6.8b in payouts on insurance claims in 2021.

The Personal Finance Society is urging its near 40,000 members to take part in part in Talk Money Week this week, an annual campaign get consumers to talk about money matters with their family.

Alan Steel Asset Management, the Scottish investment and wealth management company founded by industry veteran Alan Steel - who has died from Covid-19 - paid tribute to him today in a public statement.

Industry veteran Alan Steel, chairman of Alan Steel Asset Management, has died after losing his battle with Covid-19.