The Personal Accounts Delivery Authority has announced the appointment of Helen Dean to its board as policy and product development director.
2008 was an annus horribilis for equity investors as the credit crunch intensified and western economies slipped inexorably into recession.
Banking minister Lord Myers has labelled 100 per cent mortgages as “foolish” as Gordon Brown hints at regulatory limits to high loan to value loans.
The heads of the FSA have promised MPs that banking regulation is set to change “fundamentally” in the wake of the current banking crisis.
The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.
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The chair of an FCA working group has apologised to the regulator and the Investment Association for criticising asset managers in a high-profile interview. In an interview with The Times, transparency campaigner Chris Sier, who is chairing the regulator’s disclosure working group, called the investment industry “arrogant and complacent” on fees and referenced the quality […]
Old Mutual Wealth has appointed Jeremy Mugridge as proposition marketing head for its platform. Mugridge previously worked in marketing at Old Mutual Wealth but now joins the business from Aegon where he was working on consultancy projects. In his new role he replaces Tom Hawkins who will lead Old Mutual Wealth’s team of office-based consultants. […]
The Financial Ombudsman Service does not plan on making any changes to the way it is funded in the next financial year. The FOS published a consultation today about its proposed plans and budget for the 2018/19 financial year. The consultation says the organisation is aware it will need a funding model that accounts for […]