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Baronworth Investment Services launches GI subsidiary

Baronworth Investment Services has appointed Aon’s Grant Carter to head up its newly formed general insurance subsidiary.

Baronworth General Insurance Services will now operate in the UK GI market offering car insurance, building and contents insurance, factory building insurance and insurance aimed specifically at taxi drivers.

A Baronworth spokesman says: “Even in these difficult times, we are confident that the new set up will be a success, not only because of Grant’s experience and connections within the general insurance market, but also the personal service that he has always given his clients.”


Cash rules won’t stop wholesale market

Former Edeus chief executive Michael Bolton says a threefold increase in capital requirements for risky lenders will not deter banks from wholesale funding models in the future.The Turner review says the FSA will demand more and higher-quality bank capital, with at least three times as much capital required to support “risky trading activity” in the […]

Cameron attacks FSA for product obsession

Conservative leader David Cameron has today launched a scathing attack on the FSA’s regulation of the banks saying Lord Turner’s Review was a “withering critique of its failings”.

Aifa says light-touch Dublin will lure IFAs

The Association of Independent Financial Advisers believes advisers will be drawn to Dublin’s lighter-touch regime despite the FSA claiming this is unlikely.Director general Chris Cummings says following the FSA’s regulatory crackdown, Dublin will look to attract IFA firms, with advisers passporting back into the UK to service existing clients.He says: “Advisers are facing the strain […]

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Auto-enrolment — don’t leave it too late…

With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.


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