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Money Marketing gives evidence to Treasury select committee

Money Marketing has today appeared before the Treasury select committee inquiry into mutuality.

Money Marketing editor Stephen McDowell urged the Committee to ask Bradford & Bingley chief executive Christopher Rodrigues who is giving evidence next week, how much money he will receive if the society converts.

Money Marketing also provided the select committee with a background to its &#39Save Our Mutuals&#39 building societies campaign.


Norwich Union backs industry-wide Cat mark logo

Norwich Union has joined 11 other providers in their support of an industry-wide Cat standard logo for Isas.It follows recent NU Investment Funds research from NOP which highlighted that almost 80 per cent of adults appear to not know what &#39Cat&#39 means.NUIF director of sales and marketing Mark Skinner says: &#34As one of the leading […]

Teachers Assurance Company to re-mutualise

The Teachers Assurance Company has undergone a re-mutualisation to merge with sister company Teachers Provident Society.The two companies are set to merge their life funds under the mutual banner of the friendly society. The move follows a vote by policyholders within the life company to reunite the two.

Straw urges firms to sue after £2m City riot

Home Secretary Jack Straw is urging City firms to sue rioters who caused £2m of damage in the City of London last Friday as a deterrent to similar demonstrators.The City was brought to a standstill and plunged into chaos when 4,000 protesters turned violent during an anti-capitalist demonstration.Tension was further fuelled by some City brokers […]

Network complaints swamp legal line

A leading financial services lawyer has called on networks to put their house in order following a deluge of calls to a legal helpline for network members.Solicitors #Armstrong Neal set up the service for a week last month to offer legal advice to disgruntled IFAs. It received 214 calls. It found members were dissatisfied with […]


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