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Steve Webb: State pension review points to radical reform

The most surprising thing about the Government’s review of the state pension age was not the fact it is taking place but rather the variety of ingenious ideas for reform floated at the same time. The backdrop to the announcement is the 2014 Pension Act, which required there to be a review of the state pension […]

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Northern Rock loans to be part of biggest securitisation since crash

US investment firm Cerberus Capital Management is set to launch Europe’s biggest mortgage-backed securitisation since the financial crisis. The bond is reportedly backed by £6.2bn worth of mortgages originated by Northern Rock, which had to be nationalised in 2008. Cerberus bought £13bn of Northern Rock mortgages off the Treasury in November. It has already sold […]

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How protection can save Christmas

By Jennifer Gilchrist, Product Lead, Design Imagine the scene: in the build-up to the busiest time of year at Santa Corp. offices, Santa Claus has slipped on the ice and suffered a serious injury. He’s desperate to get back to work, but the orders from Doctor Elf are firm — no work for at least […]

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