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Unconditional offer cuts Skandia rating

Standard & Poor’s has cut Skandia’s insurance rating from A to A- following the announcement that Old Mutual’s offer is now termed unconditional.

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Comms role for Murray in big reshuffle

A week of resignations, retirements and appointments at the FSA has seen former journalist John Murray take the helm of the regulator’s communication team. The appointment of Murray as communications director came in a week that also saw the departure of three lead- ing members of the regula- tory body. Murray’s role is newly created […]

Ailo brochure explains bonds

The Association of International Life Offices is launching a brochure to help UK advisers better understand offshore investment bonds and why they might be suitable for their clients.

The statutory funding objective will make or break db schemes says NAPF

The Pensions Regulators new statutory funding objective must be flexible and pragmatic enough to reflect the long term nature of pension scheme funding according to the National Association of Pension Funds .In its response to the Pensions Regulators consultation on scheme funding, the NAPF says the objective will be a major factor as to whether […]

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