Premier Mortgage service head Steve Atkins has resigned. He joined PMS a year ago as part of a succession plan for managing director John Malone and says he plans to take some time out to rethink his career.
First State has been criticised over plans to raise charges on two high profile funs.
Nationwide is calling for changes to the banking code to ensure that savers are informed when introductory deals come to an end. The building society says many introductory deals, often lasting between six and 12 months, offer rates up to 1 per cent higher than the ongoing rates when the deals expire. The banking code […]
Piyali Williams has joined HSBC as head of professional business banking to lead the bank’s development of its specialist offering for solicitors, barristers and accountants.
People who drink their way to obesity face increases of up to 75 per cent in protection premiums, warns Standard Life.Research by OnePoll, conducted on behalf of the insurer, shows the average adult consumes around 155,000 calories each year in alcohol – equivalent to an extra day’s calories each week.Protection marketing manager Mick James says: […]
James Foster, manager of the Artemis Monthly Distribution Fund, discusses the delicate balance between too much yield (and attendant risk) and too little. Click here
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Alliance Trust Savings’ new boss must “instil common sense” across the business and start to engage with advisers if they are to salvage the platform’s reputation, IFAs have said. Industry insiders have welcomed news of ATS chief executive Peter Mill’s departure, but say the platform needs to move quickly to fix its service issues. Frustrated advisers are […]
The FCA has said that the Financial Ombudsman Service does not need more guidance on how it should match the regulator’s rules with the complaints adjudicator’s judgments. While the FCA regulates firms according to its handbook, FOS decides on complaints based on a ‘fair and reasonable’ test, that is, whether the claim would be successful […]
The curious goings-on in the world of financial services