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.
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.
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 […]
Non-contestability period could see insurers becoming more selective on who can take out protection policies
The theme of ‘creative destruction’, or the impact of new technology, gathered pace in 2015. But which companies make an attractive investment? Stephen Moore, manager of the Artemis US Extended Alpha Fund, reviews. Click here to read the full article
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology