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Banking overhaul for Liverpool Vic

Liverpool Victoria is conducting a strategic review of its banking operations and will look at all options, including strategic partnerships, joint ventures or the sale of its bank.

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This week in Mortgages

All eyes and ears this week should have been on the Bank of England and its unsurprising decision to raise interest rates to five per cent, but events at Celtic Manor in Wales for Mortgage Intelligence’s 10th year anniversary celebrations took centre stage after an extraordinary row.

Wary Aifa doesn’t want it to end in tiers

The Newcob consultation has met with a mixed response, with Aifa cautious about its implications and Which? calling for a cost-benefit analysis. Aifa deputy director general Fay Goddard supports the concept of a principle-based regime which will provide advisers with greater flexibility. But she says Aifa is concerned about the vacuum created by the move […]

Law change will add time

Non-contestability period could see insurers becoming more selective on who can take out protection policies

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