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Lesley Titcombe
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Pressure mounts on Pensions Regulator over BHS collapse

Pressure is mounting on the Pensions Regulator after it emerged it only realised BHS was on the brink of collapse after reading about it in the newspapers. Chief executive Lesley Titcomb was grilled by MPs yesterday at a special evidence session held jointly by the Work and Pensions and Business committees, according to the BBC. […]

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FCA bans ex-Keydata compliance officer but rules out £200k fine

The FCA has banned and publicly censured former Keydata compliance officer Peter Johnson for failing to act with integrity and misleading the FCA. Johnson had lodged an appeal with the Upper Tribunal against the regulatory action, but has since withdrawn his appeal. Upper Tribunal cases will still be held in relation to former Keydata chief […]

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Nationwide eyeing launch into equity release sector

Nationwide is eyeing a launch into the equity release sector. Speaking to the Times, the UK’s second biggest lender said it had been looking at ways to allow older borrowers to release equity in their homes to allow them to help their children get on the housing ladder or to pay for care. Chief executive […]

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Crabb to meet Waspi campaigners

New Secretary of State for Work and Pensions Stephen Crabb is engaging in meetings with the Women Against State Pension Inequality Campaigners, and will sit down with a prominent Tory critic next week. Pensions minister Ros Altmann revealed the meetings at a Work and Pensions Committee hearing earlier today. Altmann said that Crabb has already […]

A tough start for 2017 consensus trades

By Kacper Brzezniak Every year, starting around November, investment banks (and fund managers) begin to drip out their outlooks for currencies, rates, economies, you name it, for the following year. The consensus has been largely wrong for the past four or five years; those multiple rate hikes never came, the bond market is still alive […]

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