Chancellor Alistair Darling has criticised the over-reliance on credit rating agencies in European Union regulations. Speaking to fellow European finance ministers in Brussels this week, he called for a review of the role played by agencies.
So, the Competition Commission has decided to tackle the problem of payment protection insurance misselling head-on. It is easy to sell and easy to buy, which is why many people are talked into buying it. The trouble is, it is not very good compared with the alternatives.
Lorna Blyth, Royal London Do guarantees benefit customers and, if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money. The brief The study was one of the most comprehensive undertaken […]
How to make a pot of money last a lifetime- this is the crux of the retirement challenge. While the retirement landscape has undergone significant changes, the fundamentals of the challenge have remained the same but the responsibility for addressing it has shifted from institutions to the individual. Drawdown accounts are now the most popular […]
The FCA has confirmed that financial adviser pair Alan and Russell Taylor will not be allowed to work in any regulated position again after being jailed for 11 years on fraud charges. The brothers, who ran Norfolk IFA Taylor and Taylor Associates, plead guilty to conspiracy to defraud earlier this year, after defrauding nearly 200 […]