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Hutton pledge on incapacity reforms

The Government has published its Green Paper on incapacity reforms, with Work and Pensions Secretary John Hutton telling the Commons that he aims to get one million claimants off benefit and back to work over 10 years.

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Northern Bank and FSA in offshore sales dispute

A dispute between the FSA and Northern Bank could deter firms from moving offshore to sell into the UK. Belfast-based Northern Bank has suspended mortgage sales into the UK from its Isle of Man arm while its lawyers and the regulator are locked in talks about whether the bank needs FSA authorisation for sales on […]

BM gives Asda credit for checks

BM Solutions is calling on the mortgage market to follow Asda’s example of paying for rejected credit card applicants to have their credit history checked. The HBOS-owned lender claims the move could help generate customer loyalty and can also aid the fight against identity theft and fraud given customers can view all mortgage, loan and […]

Product matters : A realistic Venture

In what could turn out to be an even busier year than 2005 for the VCT industry, it is refreshing to see quality names launching and being realistic about the amount of money that they want to raise and invest. Aberdeen has launched its C-share issue this week for the existing Aberdeen growth opportunities VCT […]

West Brom offers Shariah baby bond

West Bromwich Building Society is offering a Shariah-compliant child trust fund in several of its Midlands branches. The building society says Muslim families living in the Midlands will now have the opportunity to open an account that complies with their religious beliefs. The Shariah baby bond will be invested in shares listed on the Ftse […]

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