Recommended

Thiam-Tidjane-Prudential-2011-700x450.jpg

Drawdown boosts Pru sales but new business profits down

Sales in Prudential’s UK business are up 8 per cent year-on-year as bonds, personal pensions and drawdown products offset the loss of annuities, the firm’s quarterly results show. UK retail sales, on an annual premium equivalent basis, hit £169m in the three months to March, compared to £157m to the same quarter last year, a […]

George-Osborne-sips-from-coffee-cup-700.jpg

Help to Buy 2 ‘operating at just 13% of capacity’

Help to Buy 2 is operating at just over a tenth of its capacity, according to new research by mortgage insurer Genworth. Chancellor George Osborne pledged the scheme could enable up to £130bn of lending over three years, equal to £43.3bn a year. However, Genworth’s analysis shows the scheme supported £5.7bn in 2014, just 13 […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment