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Cyber security

Bank of England steps up fight to tackle cybercrime

The Bank of England is to hold a “war game” this week to stress test the defences of financial firms against a cyber attack. The Sunday Times reports the “Resilient Shield” test will simulate a hack on financial firms to test whether banks can withstand sustained attacks in a bid to breach security. It will […]

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Money Marketing sweeps the board at personal finance media awards

Money Marketing scooped four awards at this year’s Santander Media Awards, including financial trade title of the year and trade website of the year. Money Marketing pensions reporter Sam Brodbeck took the title for trade journalist of the year, while deputy head of news Tessa Norman won the judge’s award for trade article of the […]

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Kim North: Three-pronged attack on UK retirement debt

The hapless Mr Micawber from Charles Dickens’s David Copperfield famously said: “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound nought and six, result misery.” This is a truism of which Dickens, who as a youth left school to work in a factory when his father […]

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Savers miss out on £100m as annuity shopping around plummets

Shopping around rates have fallen since the introduction of the pension reforms leading to savers missing out on over £100m, new figures show. According to Retirement Advantage research, the difference between the best and worst priced annuities on the £53,500 average-sized pension pot is currently £214 a year. Based on Association of British Insurers data, […]

protect

A nudge in the right direction

Ross Jackson, Senior Protection Marketing Manager, Royal London  In July, we piloted sending protection plan statements to a small group of our customers. Whilst this in itself is not exactly ground-breaking stuff, as an industry we’re perhaps more used to engaging with advisers than directly with our customers. Because of this lack of communication, do consumers […]

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