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Cruickshank report expected tomorrow

Donald Cruickshank is set to publish his interim report on the competitiveness of banks tomorrow.


The report which was commissioned by The Treasury is expected to recommend the FSA takes a greater role in promoting competition within the banking sector.

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Neville James offers 20 per cent more on Teps

Traded Endowment Policy specialist Neville James says its customers are receiving 20 per cent more than the surrender value on traded policies.The Tep specialist says it paid on average £1,980 more than the surrender value on policies traded during June, compared to the industry average of £1,500.Neville James marketing manager Helen Langton says: &#34This has […]

Opra publishes minimum funding guide

The Occupational Pensions Regulatory Authority has published a guide to the minimum funding requirements for pension scheme trustees.The booklet, &#39A guide to the minimum funding requirement – a summary for pension scheme trustees&#39 details the basic requirements for funding under the Pensions Act 1995.It aims to provide a basic understanding of the issues involved in […]

Pink Home Loans tops £60m mortgage applications in June

Pink Home Loans is celebrating the completion of more than £60m mortgage applications during June.The figure represents the packager&#39s best-ever month and marked a 30 per cent increase on its previous best month.Managing director Peter Presland says: &#34We use the latest technology to ensure mortgage applications are processed as efficiently as possible and to improve […]

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