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Bankuptcies at record high

Personal bankruptcies have hit record levels, according to Department of Trade and Industry figures. In the three months to June, 15,394 individuals declared bankruptcy, an increase of 12 per cent on the previous three months and up by 37 per cent on the same period last year.

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LiverpoolVic aims at IHT planning

Liverpool Victoria is offering whole-of-life guaranteed premium life cover. The policy pays out a lump sum, with premiums guaranteed for the duration of the policy. Minimum premium is 5 a month and level or index-linked options are available. It features additional inheritance tax-guaranteed insurability options, which cover marriage, divorce, inheritance, and legal adoption of a […]

Lawyers to lobby on principle regulation

A consortium of legal experts led by Beachcroft Wansbroughs is planning to lobby the FSA this autumn over the legality of its principle-based regulation. Financial services law firm Beachcroft Wansbroughs has invited a team of legal and compliance directors of financial services firms, legal professors, barristers, judges and the FSA general counsel to the board […]

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