The FSA may need to be replaced by two separate bodies responsible for micro-prudential issues and conduct of business, with the Bank of England to take on macro-prudential issues, according to Sir James Sassoon.
A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article
The Financial Services Compensation Scheme has today declared The Lifetime Sipp Company in default. Lifetime Sipp was placed into administration in March 2018 and later went into liquidation on the 2 April 2019. The complexity of claims related Lifetime Sipp’s books and led to the FSCS having to spend a lot of time making detailed […]
Most of us have been plagued by unsolicited emails, texts, calls and unsavoury adverts trying to persuade us to claim for payment protection insurance or road accidents that never happened. Now claims managers have fallen under the auspices of FCA regulation and are shortly to lose their golden PPI egg, they are desperately searching for […]
I am conscious I have been a pessimistic voice on the topic of defined benefit transfers, but I find the recent drop in the number of them as puzzling and concerning as the rise that came before it. There are many who say it is natural for the demand to reduce because those who should […]