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100 More FSA staff to monitor banks

The FSA is expected to recruit up to an extra 100 staff to monitor the big banks in a bid to avoid another Northern Rock debacle. The FSA publishes the results of an internal investigation this week into how it handled the Northern Rock debacle.

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Lifetime wrap still uncertain on relaunch date

The new managing director of Norwich Union’s Lifetime wrap has refused to confirm whether it will be opened to new users this year.Toby Strauss says no decision has been taken on which third-party IT provider will be contracted to help run and administer the platform.He says the company must complete investigative work and due diligence […]

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