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Former Abbey chief executive moves to Corsair Capital

Former Abbey chief executive Luqman Arnold is moving to Corsair Capital as a partner. The private equity firm invests in financial institutions such as banks, insurers, and speciality lenders. He will be joining senior executives Nicholas Paumgarten, Ignacio Jayanti and Kimball Booker. Arnold left Abbey following its takeover last year by Santander.

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ABI publishes resource guide

The Association of British Insurers has published a resource guide to help insurers with marketing and publicity material for life and pensions. It covers considerations for financial promotions and guides for with-profits and structured products. This forms part of the ABIs five-point programme to restore confidence in long-term savings.

London hosts first summit of EU’s consumer groups

The Financial Services Consumer Panel is hosting the first EU-wide summit of consumer groups to discuss changes in financial services regulation. Representatives from countries including Austria, Belgium, Estonia, Portugal, Slovenia and the Netherlands are convening in London. The panels will discuss differences in how they operate and how they can come together more frequently to […]

Clerical Medical publishes new A-day advice

Clerical Medical has published new advice to help IFAs prepare for A-day and the anticipated rush towards contract based group personal pension and stakeholder schemes.Ninety five per cent of intermediaries highlighted new trustee responsibilities as the main driver for change amongst smaller occupational trust based schemes, according to new research from Clerical Medical. Clerical Medical […]

Where next for the price of oil?

Having stabilised at around $65 a barrel, many investors are questioning if the price of oil will rise, and when. Richard Hulf provides his view. Richard Hulf, manager of the Artemis Global Energy Fund, sets out his thoughts about how the oil price may move through the next six months. At the start of the […]

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