Liverpool Victoria has selected Electronic Data Systems to enhance its online application capabilities and provide a tele-underwriting service for its life protection business in a contract extension worth 26m.
Recent trips north for the Ashes tests were melancholic experiences. You cannot pass through the West Midlands without being saddened by the malaise afflicting our man- ufacturing heartland.
University graduates risk cutting their pension funds in half by delaying contributions until they are 30, warns HSBC. Almost half of young people believe they are too young to prioritise their pension, with 48 per cent of 16-24-year-olds ignoring the need for a pension. Research by NOP in February for HSBC questioned 981 adults aged […]
The DWP has launched a website allowing the public to discuss the national pensions debate. The site – www.dwp.gov.uk/debate – contains an interactive section allowing people to send the department their views on key issues.
Proposed changes to the FSA approved person’s regime could lead to more companies being fined as the regulator has less scope to fine individual employees, warns law- yers Freshfields Bruckhaus Deringer. The firm says the rules, which are expected to come into force next April, will merge previously specific systems and management roles within financial […]
Content supplied by Loomis, Sayles & Company — an affiliate of Natixis Global Asset Management For mutual fund investors and managers of large pensions or endowments, a major challenge is to identify those portfolio managers who are most likely to deliver superior risk-adjusted returns in the future. Understanding how an investment philosophy informs a manager’s decision […]
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]