The FSA has had to tap into £200m worth of credit facilities with Lloyds and HSBC to cover a funding deficit for 2008/09.This is the first time the FSA has made use of the £100m credit agreement it has with Lloyds which was set up before to the credit crunch.The regulator has also secured an […]
New laws in Dubai will put the burden of providing international private medical insurance (iPMI) firmly on the shoulders of the employer in order to maintain the country’s leading healthcare facilities. With 10,000 UK nationals having moved to the country since 2007 and only 16.5 per cent of the total 8.2 million people living there being Emiratis, Jelf Employee Benefits believes this move was inevitable and employer responsibilities could continue to escalate in future.
Goldman Sachs has predicted that cash will soon become a worthy investment as energy companies and tech stocks suffered a sell-off in the US overnight. An oil price fall as sharp as 7 per cent led to the S&P 500 and Dow Jones industrial average surrendering the gains they had made in 2018. Both indexes are […]
The Liberal Democrats have stepped up their campaign for state pension equality, asking new pensions secretary Amber Rudd to address the reasons why women face lower pensions than men. The party has again called for progress on helping women born in the 1950s hit with state pension age rises, a cause popularised by the Women […]
The Pensions and Lifetime Savings Association has announced it is one of 33 new signatories that has signed up to HM Treasury’s Women in Finance Charter today. This has pushed up the number of firms that have joined the initiative to improve gender diversity within financial services to 300. These range from global banks to […]