Coventry Building Society made a profit of £56.2m in 2009, up by 115 per cent on £26.4m in 2008.
Metro Bank has been awarded its banking licence by the FSA as it prepares to open two branches in the centre of London.
Royal Bank of Scotland is facing three separate investigations by the FSA – into its takeover of ABN Amro, compliance with money-laundering regulations and complaint-handling procedures.
Friends Provident has appoin-ted Nathan Moss as UK managing director on an interim basis to replace Simon Clamp due to serious illness. Moss started at Friends Provident last month. He ran Lloyds TSB’s wealth management business and was managing director of marketing and distribution at Scottish Widows between 2002 and 2006. A Friends Provident spokeswoman […]
Partnership managing director of care Chris Horlick explains how buying an immediate needs annuity ensured property assets were not depleted
By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]
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I always try to check my Twitter feed over breakfast. Recently, a tweet from IFA Philippa Gee caught my eye. She had taken her time to attend an investment conference and found she was the only woman there. Comments followed that this occurrence is far too common. According to Unbiased, just 13 per cent of […]
Consumer champion Martin Lewis has today issued High Court proceedings against Facebook over scam adverts published on the site that use his name, picture or reputation. Lewis, who is the face of website Money Saving Expert, is bringing a lawsuit against the social media juggernaut for defamation seeking exemplary damages. Lewis says any money paid […]
Michael Klimes examines if advisers can resolve all drawdown issues themselves or if a wider effort is needed