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Protection

Equities

RBS posts £1.2bn loss in Q3 as PPI costs mount

Royal Bank of Scotland has posted a pre-tax loss of £1.2bn in the third quarter, as it sets aside a further £400m to cover claims related to the mis-selling of payment protection insurance (PPI).

clock 02 November 2012 •

Protection

LV= launches online G-day commission calculator

LV= has launched an online calculator for advisers to work out potential commission loss in the run up to G-Day.

clock 31 October 2012 •

Your profession

SJP hits recruitment trail after sales jump

Wealth manager St James's Place (SJP) has stepped up recruitment activity ahead of implementation of the Retail Distribution Review (RDR) and on the back of the withdrawal of some advisory firms from the market.

clock 31 October 2012 •

Investment

US unclaimed assets firm launches in UK

One of America's largest companies which reunites investors with their lost investments has launched in the UK to tap into the estimated £70bn of unclaimed financial assets.

clock 30 October 2012 •

Service

Prudential A+ credit rating 'under threat'

Life and pensions giant Prudential could see its A+ credit rating downgraded by Standard & Poor's (S&P), the FT reports.

clock 26 October 2012 •

Regulation

AIFA condemns FSCS funding proposals

The Association of Independent Financial Advisers (AIFA) has come out strongly against plans to increase the Financial Services Compensation Scheme (FSCS) levy threshold.

clock 25 October 2012 •

Long Term Care

Public aware of care costs but not funding issues

Consumers are increasingly aware of how much a care home costs but unaware of funding issues, according to research.

clock 25 October 2012 •

Charging

Legal & General Network freezes fees

Legal & General Network (LGN) has confirmed plans to freeze its current charges for existing mortgage, protection and general insurance services until January 2014.

clock 25 October 2012 •

Protection

Skandia confirms gender-neutral strategy

Skandia has announced its gender-neutral pipeline plans including the launch of tele-underwriting.

clock 24 October 2012 •

Income

Seize the G-Day and grasp the I-E nettle

G-DAY

clock 18 October 2012 •
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