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MM leader: Shock election points to unstable future

As soon as that exit poll came out at the top of election night pointing towards a Conservative majority, the shock among political pundits (and indeed the electorate) was palpable. The pollsters, who had been widely forecasting a hung parliament, had to hastily rip up their predictions. The resounding support for the Tories, as well […]

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Zurich transfers annuity book to Rothesay Life

Zurich UK Life is to transfer its legacy portfolio of £1.2bn of annuities to specialist insurer Rothesay Life for an undisclosed fee. Under part seven transfer rules the transfer, of around 28,000 policies, is subject to a review process by regulators and courts before it can complete. Zurich has not actively promoted annuity sales since […]

Out of context: Alan Steel

Out of context

“The best thing to do would be to have someone shoot all these people and start again” Alan Steel Asset management chairman Alan Steel on diplomatic form when it comes to the FCA “He’s the kind of guy who would have tried to reason with the school bully and got punched in the face anyway” […]

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UK unemployment falls to 7-year low

UK unemployment has fallen in March, bringing in the best rate since mid-2008. Data from the Office for National Statistics shows that in the first quarter employment for those aged 16 to 64 rose to 73.5 per cent, up from 72.5 per cent a year earlier. Employment was up by 202,000 in the three months to […]

#DeleteFacebook? The data-mining fallout

Ali Unwin, Chief Technology Officer Ali Unwin explains the ongoing data-mining fallout that has engulfed Facebook in recent weeks, highlighting the implications for tech companies and the two biggest risks for the social media giant. View the video here Important Information Investment risks  This Fund may have a high volatility rating and past performance is […]

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