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Darling warns on ratings

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.

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Plan of action

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.

Bowe set to leave RDR role

Amanda Bowe will step down from her role as head of the retail distribution review after the RDR feedback statement is published in October.

Guarantees in the retirement income market

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 […]

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