SANDY CROMBIE, chief executive of Standard Life, yesterday claimed it was "patently obvious" many of the group's policyholders "had no idea how their products worked", reports The Scotsman .
According to the paper, Crombie - who wants one million members to vote for the group's planned demutualisation next month - said he had learned from his roadshows around the UK that customers continued...
First of a number of acquisitions
The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
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