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FSA appoints key staff

The Financial Services Authority has appointed 10 of the 14 staff who will report directly to its three managing directors. Each director will take up responsibilities once the FSA becomes operational in spring next year. Just one of the 10 is from the PIA.

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The differential price of survival

Consultant Bacon and Woodrow claimed in a recent report that one of the key issues for insurers in the survival game is to ensure that acquisition costs are competitive against their bancassurance rivals. Companies with high acquisition costs have two choices – to increase new business significantly but maintain the same overheads or to reduce […]

Winterthur and Credit Suisse launching Sipp

Winterthur Life and Credit Suisse Private Clients are offering their first joint product since the £5.8bn merger of their parent companies last August. The companies are launching a self-invested personal pension managed by Credit Suisse and designed by Winterthur Life. Product litera ture will carry both company brands. The Credit Suisse Managed Pension Portfolio will […]

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