Aviva chairman John McFarlane has fended off demands from shareholders for a five-year pay freeze and calls for the head of the insurer's remuneration committee.

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Workplace founders pocket pounds 3m each

THE THREE founders of Workplace Technologies, the network services group, yesterday received multi-million pound payouts after the business was acquired for pounds 81m by NTL, the Nasdaq-listed company poised to become Britain's largest cable operator.

Abused children in pay-outs row

CHILDREN SEXUALLY and physically abused in privately run homes and schools may get little or no compensation for their horrific experiences.

The Investment Column: Norwich Union

INSURANCE COMPANIES never tire of telling their customers to pay out more money now to guarantee a healthy income later in life and Norwich Union takes its own advice.

Norwich Union buys nine hotels

HILTON GROUP, owner of theHilton International chain, the Stakis leisure group and the Ladbroke betting shops, has exchanged conditional contracts with Norwich Union, the life assurance company, to sell nine hotels for pounds 68.8m.

On the trail of lost billions

IF YOU live in Glamorgan and play the National Lottery, you should look very carefully under the bed, in your old clothes or down the side of the sofa. Because someone there has until midnight tomorrow to find that winning ticket and claim a prize of pounds 171,000. If they don't, they will forfeit the winnings.

Worldly goods

As the wedding season flourishes, Iain Morse takes a close look at the best ways partners can plan their future finances

Personal Finance: A job for now, an income for life

Easy though it is not to worry about financing our retirement, younger pensioners must now address the future.

Personal Finance: Trackers on a steady trail

Adventurous they are not, but with the Footsie in the lead, tracker funds perform well.

Investment: The CAT standard finds a champion at last

If a camel is a horse designed by a committee, then the ISA has clearly come from the same stable

Is the Widow in the bag?

The carpetbaggers are back - and this time they want some life insurance. By Teresa Hunter

Norwich Union catches bid bug over Lloyds talk

Market Report

Shop around for the right kind of life cover

Competition is rife in the life-insurance market, but the cheapest isn't always the best.

Fraudsters' gain, our loss

Why insurance fraud is not a victimless crime. By Paul Slade
Career Services

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