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£4.7Bn RMBS for RBS

RBS is offering a £4.7bn residential mortgagebacked security for the first time since the credit crunch began as it looks to raise capital to return to full private ownership.


Aifa is without a director general as Cummings starts new role at TheCityUK

Former Association of Independent Financial Advisers director general Chris Cummings begins his new role as chief executive of financial services promotional body TheCityUK today, leaving Aifa without a director general for an unknown period. Aifa has appointed a new director general, Stephen Gay, who is currently Aviva director of distribution development. Gay will also take […]


Equitable boss urges investors to accept £2bn payout

Equitable Life chief executive Chris Wiscarson says policy holders should accept a settlement of £2bn from the Government. Wiscarson told Sky News: “If we take the number of £4bn-£4.8bn and go to the lower end of that, what can the government really afford? £2bn for policy holders – that would be a great start.” Wiscarson […]


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