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FSA to review rules on comparison sites

The FSA is to undertake a review of the rules that govern insurance comparison websites following pressure from Biba. It will look into whether the guidance given by the sites constitutes advice.

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Pru shares rise on Chinese whispers

Prudential’s shares received a boost yesterday as reports that China’s Ping An Insurance was looking to buy £7bn of Prudential shares emerged.A Chinese business paper reported that Ping An – 17 per cent of which is owned by HSBC – was close to taking a £7bn stake in the life office which would be equivalent […]

The best defence

I am an experienced investor in my 80s but I have become concerned by recent volatility. I am mainly in income-producing funds but wonder what else I could invest in.

Bond bid to boost bidders for Rock

A private sector solution for Northern Rock is back on the cards after the Government set out plans to convert the firm’s £25bn Bank of England loans into state-backed bonds.The move is likely to see new bidders for the lender enter the fray and a deadline of February 4 has been set for proposals to […]

Which? slams ‘useless’ cover

People could be wasting thousands of pounds on useless insurance, according to a new guide produced by Which?In its Money Saving Handbook published this month, Which? says although some types of insurance such as building and contents, life and car insurance are necessary, other types are often unnecessary and pay out in relatively few cases.The […]

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]

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