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Paige to chair Aegon audit committee

Former Royal & Sun Alliance group risk director David Paige has joined Aegon as a non-executive director and chairman of its audit committee. He was previously chief financial officer at NatWest.

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Base rate held in close vote but increase still on cards

Weakening economic data and falling inflation prompted the Bank of England monetary policy committee to maintain interest rates at 5.25 per cent.Pressure for rate increases has eased following mixed economic data which has seen high-street retail sales falling at their sharpest rate in four years and inflation easing back from December’s 3 per cent 11-year […]

ABI in move to put more focus on declined claims

The Association of British Insurers has renamed its financial ombudsman service liaison committee as the treating customers fairly health claims committee, which will be chaired by Legal & General protection director Bernie Hickman.The committee has a wider remit than previously and will be tackling declined claims as well as continuing to act as a conduit […]

FSA calls on platforms to reveal sweeteners

The FSA is writing to platform providers requesting information on what inducements they offer advisers and how this is disclosed to clients.The regulator is carrying out research ahead of its June discussion paper on wraps and platforms, which aims to prepare the market for Mifid.It is asking for details on “any payments, payments in kind […]

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Thinking of expanding overseas?

Whether you’re a small company or an established larger employer, expanding overseas into emerging markets can be an extremely attractive prospect for growing your business. However, with this comes a duty-of-care requirement to any staff based overseas.

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