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European equity funds suffer largest outflows on record

European equity funds have seen their largest weekly outflows in history, with $5.8bn worth of redemptions, according to Bank of American Merrill Lynch data. The UK’s vote to leave the EU is forecast to have a negative impact on growth on the Continent, while concerns about Italian bank debt have been brought into focus after the […]

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Suffolk Life acquires collapsed Sipp firm

Suffolk Life has acquired the book of business of a collapsed Sipp firm for an undisclosed sum. The deal to acquire European Pensions Management includes 5,000 Sipps with a value of around £630m. It takes Suffolk Life’s total number of Sipps to over 30,000 and total assets under administration to almost £10bn. European Pensions Management […]

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MPs demand leaner FCA with lower running costs

The Treasury committee has demanded greater transparency on the FCA’s running costs asking it to work towards becoming a smaller organisation. In a letter sent to FCA chairman John Griffith-Jones this week, committee chair Andrew Tyrie accused the FCA of not doing enough to implement a previous recommendation of the Parliamentary Commission on Banking Standards […]

How do you choose the best online service?

By Ross Jackson, senior marketing manager There are many different protection online services available in the market and no doubt you’ll have used a few when submitting protection business. But why should you have to put up with slow, unresponsive sites for your business when you’re used to dealing with slick, modern user experiences in your […]

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