Protection providers have been thrown a lifeline after the FSA has called on the Association of British Insurers to spearhead an initiative around its total premium requirement.
Rating agency Fitch has downgraded Aegon after the insurer reported expected fourth quarter losses of £1.08bn.
Chelsea building society has revealed losses of nearly £30m thanks to a £55m exposure to the failed Icelandic banks.
European Absolute Return Fund
We believe the most exciting stockmarket opportunities today are in those places where a new generation of leaders are successfully transforming economies and companies in favour of investors. In a new investment guide and website, which is suitable for use with your clients, we set out our views on these reformers. Click here to find […]
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Pensions minister Guy Opperman is hoping the single financial guidance body will be established by winter. Opperman updated delegates at the ABI retirement conference today on how the guidance body is progressing. Currently the government is looking for a chair and chief executive who, once hired, will start looking at how the single guidance body combining […]
The FCA’s recent discussion paper, DP18/2: Transforming Culture in Financial Services, focused heavily on how to drive cultural change within an organisation. A number of the paper’s contributors highlight that focusing solely on senior management behaviour and the ‘tone from the top’ overlooks the complexity of organisational culture and the role all employees have in […]
Jupiter Asset Management is concerned markets could see further volatility in the latter part of 2018, while the strength of the dollar could also threaten global growth. Speaking at Jupiter Asset Management’s annual investment dinner last night, fund manager Ariel Bezalal said: “Our concern is that what we had in February with the shocking rise in […]