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Simon Smallcome
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Capital guarantees are too expensive and too safe

Chancellor George Osborne’s Budget announcement in 2014 held the promise of a new world of retirement solutions, giving providers the opportunity to innovate as never before. The tragedy is that providers have not risen to the challenge laid at their door – largely repackaging and renaming what came before. There is a clear need for […]

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Capita settles Connaught claims for £18.5m

Capita has settled a claim brought against it as a former operator of the Connaught Income Series 1 Fund. The firm’s half-year results, published today, show it paid £18.5m. It operated the fund – which was suspended in March 2012 – until September 2009. The FCA is conducting a review into Capita and another firm’s […]

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