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Out of Context: “These boys are well trained at the FCA”

“These boys are well trained at the FCA.”

Treasury Select Committee member Jesse Norman in response to carefully worded answers from FCA representatives.

“I can recall the PPI stats right off the top of my head.”

FOS press officer Rory Stoves says payday lender complaints aren’t so high-profile that he knows the numbers off by heart, yet.

“If I am right, and obviously I think I probably am.”

TSC member Steve Baker’s modesty gets the better of him in an MM interview. 

“The price of Tequila could go down as Vodka went up.”

Nutmeg chief executive Nick Hungerford speculates on a commodities trading/drinking-game hybrid.



Church of England severs ties with Wonga

The Church of England has severed its ties with Wonga by ending its investment in the payday lender. Last year Archbishop of Canterbury Justin Welby suffered embarrassment after it emerged the Church of England pension fund invests in a key financial backer of Wonga just 24 hours after he said he wanted to compete the […]

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]


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