Recommended

People on the move

The chief executive of Aviva’s UK and Ireland Life business David Barral is to leave at the end of May after 16 years with the firm. Barral’s departure follows shareholder-approved Aviva’s takeover deal of Friends Life. Friends Life chief executive Andy Briggs will become chief executive of the enlarged UK and Ireland life business, subject […]

HSBC-700x450.jpg
30

FOS rules against HSBC over rejecting mortgage based on age

The Financial Ombudsman Service has upheld a complaint against HSBC for unfairly rejecting a mortgage application on the grounds of age in the first case of its kind. The Sunday Times reports a couple in their forties, who do not wish to be named, were turned down when applying for a joint £250,000 interest-only loan […]

Tony-Mudd-MM-Peach-700.jpg

Tony Mudd: Providers are working to develop LTC products

Recent stories have played on the fact that despite the Care Act (which, among other things, will introduce a £72,000 care cap) no insurance company is looking to develop care products. Specifically care products that will work in conjunction with the cap to cover the so-called catastrophe costs. This phrase and the idea behind the […]

Stock-Stockmarket-FTSE-Index700x450.jpg

Aldermore management probed ahead of float

The Prudential Regulation Authority investigated the management and governance at Aldermore ahead of the challenger bank’s plans to float the on the stockmarket. The Financial Times reports the regulator launched a review of the bank’s governance last year after chairman Sir David Arculus left the company in 2013. Sources have told the newspaper the regulator […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment