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Iceland to resume Icesave talks

Iceland is preparing to reopen talks with the Netherlands and Britain to discuss new proposals on the Icesave debt dispute, according to reports. 

According to a Reuters report, Iceland’s compromise proposal is understood to involve a quicker repayment of the country’s debt with a sale of failed bank assets.

Britain and the Netherlands covered losses incurred by savers who invested in Landsbanki’s Icesave online high-interest savings accounts and are pressing Iceland to repay £3.5bn after the bank’s failure in October 2008. 


Transact chief Taylor hits out at ‘misleading tactics’ by platforms

Transact chief executive Ian Taylor claims that platforms are misleading IFAs in a bid to win market share before the retail distribution review changes are implemented. In a Transact adviser update, Taylor says platform providers are manipulating IFAs and “making hay while the pre-RDR sun shines”. He says tactics include misleading the market by spreading […]


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