2 December 2010
Alan Lakey says the ABI has opted to keep the term of total permanent disability despite confusion for consumers.
Chris Gilchrist says the current model of regulation offers no adequate way of dealing with the problems caused by behavioural biases.
Stephen Greenstreet says that employers have to be prepared for the implications of Nest and auto-enrolment.
Paul Farrow says lenders, housebuilders and borrowers have to accept what the FSA dishes out on the mortgage market.
Nic Cicutti says housing minister Grant Shapps was indulging in hyperbole to make friends in the industry.
Advisers raise concerns over Friends Prov tied agent Genistar sending its salesforce out with an average of 30 days’ training to sell protection and refer people for other financial products.
Asia CEO position created as firm looks to achieve “greater geographical balance” towards high growth regions
Two articles have recently been published in MM making accusations that Barclays has deliberately delayed the payment of cheques of a number of its customers.
However, Axa, Rowanmoor and Hornbuckle Mitchell all say they are committed to retaining their scheme pension offerings.
Parliamentary debate on the RDR has not come too late to change the outcome of the review, according to BBA chief executive Angela Knight.
Employee sentenced to 14 months in jail after pleading guilty to fraud.
Govt department has turned to the industry to help deliver its communications campaign ahead of the 2012 automatic enrolment reforms.
CBK Colchester rebrands as Plan Money as part of a restructure which will see the firm offer clients different levels of advice.
Suffolk Life’s John Moret urges Goverment to present a clear picture on how the regimes could co-exist in future.
Amendment to s67 of the Pensions Act 1995 will allow trustees to switch indexation measure without fear of legal reprisals.
Paper will focus on schemes with RPI “hard wired” into trust deed and rules.
Restrictions expected to save £5bn over next 4 years.
The Investment Management Association says it is “naive” to assume the FSA’s retail distribution review will drive down overall charges.
Shares in an ETF Securities leveraged natural gas exchange traded commodity have lost 90 per cent of value in 18 months while the price of gas has remained static.
The pensions minister is facing calls to put the brakes on his reform programme.
Life settlement funds have been criticised for charging performance fees as high as 75 per cent, as new research has shown two-thirds of the funds impose performance charges.
The regulatory decisions committee plays an important role in holding the FSA to account over its enforcement, authorisation and supervisory decisions.
Investors trying to recover savings from Arch Cru fund range have suffered fresh setbacks after five sub-funds reveal sharp losses from shipping.
“You can tell I’m in Westminster from the ’search and destroy’ overhead.”
David Norgrove will issue a final warning to trustees of schemes involved in enhanced transfer value exercises.
Saga director-general says PPF refused application despite G&H scheme meeting annual levy payments.
Aifa has warned that a European regulatory clampdown on packaged retail investment products will introduce unneeded complexity to the market.
Norgrove suggests new transfer guidelines could block 20 to 30 ’enhanced transfer value’ deals already in the pipeline.
100 jobs under threat as “volatility” forces December 3 closure to new business
The Government must let the industry get to grips with current pension regulatory change before more is introduced.
ABI’s decision to keep TPD term has divided the industry over whether this represents the best way to improve clarity for consumers.
Reports suggest Government is frustrated by lack of transparency due to regulator being unable to publish RBS report.