Stroud & Swindon Building Society has agreed to merge with Coventry Building Society. The group will be known as Coventry Building Society but the S&S brand will remain. No decision has been taken on the broker brands.
The FSA says it is currently looking into a potential breach of its incentives rules by a firm.
Conservative leader David Cameron slammed Labour’s plans to halve the UK’s £167bn deficit by 2014, saying faster action is needed.
Merchant Capital is in talks with Keydata administrator PricewaterhouseCoopers over the sale of its structured products book and residual third-party administration, Money Marketing understands.
By Mike Riddell (17 May 2016) Most people would explain the rally in global risky assets since mid-February as being primarily down to the spectacular volte-face from the Federal Reserve, where Janet Yellen (and others) dramatically toned down their narrative that the Fed would be hiking rates as many as four times in 2016. This explanation […]
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology