The Consulting Consortium, a compliance consultancy group, has launched a new outsourcing division in Bradford. Outsourcing compliance services from TCC have been available exclusively to selected TCC clients in recent months, and now the company is launching the division formally to the UK market.
Borrowers are just as likely to consult a mortgage intermediary now as they were before regulation, according to the CML.Research by the CML revealed that consumers have not been put off from shopping around and the number of firms they sought information from before making an application was the same as before M-Day.Consumers feel more […]
The following is a letter sent to me by Fidelity concerning an Oeic/unit trust application and my response Thank you for resending the enclosed application and cheque for 23,810.98 in reference to our letter of 16 December 2005. Unfortunately, contrary to our letter of December 16, 2005, we are unable to set up these accounts […]
The Government is proposing combining its five consumer bodies in an intiative to improve consumer protection – the Financial Services Consumer Panel, National Consumer Council, Energywatch, Postwatch and Ofcom Consumer Panel.Consumer Minister Gerry Sutcliffe says bringing together the five organisations, which will be called Consumer Direct, will provide a clearer, simpler and more effective voice […]
Scottish Widows head of pensions market development Ian Naismith says there needs to be a national pension debate to discuss the Pensions Commission’s proposals.
In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]
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Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2.3bn in cash for the business. Standard Life Aberdeen […]
Acquisitions are continuing apace this year but will that trend continue or will the market slow?
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]