The FSA has warned insurance firms to stop using misleading savings claims in their advertising or they will face regulatory action. The warnings relate to ads from 57 firms selling motor, home and travel insurance.
The nominations are in for the Moneyfacts annual awards and, although this would not normally give much reason for comment, this year the intriguingly titled “best business card provider” has been included.What will be the judges’ criteria be – “Look at that subtle off-white colouring. The tasteful thickness of it. Oh my God, it even […]
UK savings provider Birmingham Midshires today announced the launch of a new Best Buy bond with a fixed rate of 6.05% gross/AER.
The FSA has announced its full line up of industry figures who will lead the five committees which are part of the retail distribution review.HBOS chief executive insurance and investment division Jo Dawson will head up the sustainability of the distribution sector committee and Royal London chief executive Mike Yardley will chair the impact of […]
Feedback from the early rollout of home information packs indicates that they are being welcomed by many consumers, says the Association of Home Information Pack Providers.Hips were introduced in six locations across the UK in November ahead of their nationwide launch in June.Ahipp claims that most sellers are requesting the voluntary home condition report, which […]
By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]