Norwich Union Insurance will make up to 1800 redundancies by the end of 2010 as part of a cost-cutting transformation programme.
Imagine a world where every meal is baked beans, every holiday a fortnight in Bognor Regis, every car a silver hatchback and every retirement income product a lifetime annuity.
Just last month I read that someone has launched a campaign for wet signatures for electronically submitted protection business.
Legal & General Investment Management has appointed Mark Zinkula as chief executive officer of L&G Investment Management America.
Having stabilised at around $65 a barrel, many investors are questioning if the price of oil will rise, and when. Richard Hulf provides his view. Richard Hulf, manager of the Artemis Global Energy Fund, sets out his thoughts about how the oil price may move through the next six months. At the start of the […]
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]