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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 […]

The AA eyes Q3 mortgage launch

The AA is set to enter the mortgage market in the third quarter, likely under the name ‘The AA Mortgages’. The AA registered the trademark of ‘The AA Mortgages’ last week, according to Intellectual Property Office documents. Last July the AA said it would launch an AA-branded mortgage product in the second quarter of 2016. […]

Danby Bloch
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Danby Bloch: CGT recap

This year has seen some important changes to capital gains tax on investments, notably the cut in the tax rates. With this in mind, it is worth taking a quick look at the rules: what is new and its key principles. Taxable gains CGT is a tax on gains and it applies on the disposal […]

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L&G to provide annuities for Aegon customers

Aegon customers will be directed to Legal & General for annuity purchases under the terms of a new deal signed by the insurers. Aegon has not been active in the annuity market since 2010 and sold the bulk of its book to specialist provider Rothesay Life earlier this year. L&G will provide annuity quotes for […]

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