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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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]