Third-party mortgage servicer HML has told staff it could cut over 100 jobs across the 2,000-strong workforce.
Uncertainty remains as to whether group life or income protection products offered through flex or voluntary schemes could be caught within the Retail Distribution Review, warns Swiss Re.
The Financial Services Compensation Scheme has announced investment intermediaries will have to pay an additional £22m to cover claims relating to failed Lehman-backed structured product providers on top of the levy for Keydata and two failed stockbrokers, creating an £80m interim levy.
The Financial Services Authority has given protection providers and distributors until the end of the year to implement its total premium requirement.
Suffolk Life has appointed group finance director Ian Furniss to succeed chief executive officer Henry Catchpole following his decision to step down.
Johnson Fleming’s current charity of the year is CLIC Sargent: the UK’s leading cancer charity for children and young people, and their families.
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
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