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News

Individual Protection

Secret sting uncovers Lloyds PPI complaint failings

Lloyds Banking Group has admitted to failings in its handling of payment protection insurance (PPI) complaints, following an undercover investigation.

clock 11 June 2013 •

First time buyers

Home sales data hints at full-blown recovery

The housing market revival witnessed in recent months may soon become a full-scale recovery, figures obtained by a property survey suggest.

clock 11 June 2013 •

Protection

Men in 30s buy into protection with increased cover levels

Men in their 30s have increased the amount they insure themselves by a fifth (20%) in the past year, according to new figures from Scottish Provident.

clock 10 June 2013 •

Investment

Vanguard MD Rampulla joins IMA board

Vanguard managing director Thomas Rampulla and AXA IM UK head Irshaad Ahmad have joined the IMA board, boosting total numbers to 18.

clock 10 June 2013 •

Investment

Brewin upgraded after RDR price switch success

Shore Capital has upgraded wealth manager Brewin Dolphin to a 'buy' after the group successfully navigated the Retail Distribution Review (RDR) rule change by retaining clients despite an increase to its fees.

clock 10 June 2013 •

Income

Annuity rates drop 29% since Bank of England began QE

Annuity rates have declined by 29% since the introduction of the Bank of England's quantitative easing programme, AXA Life Europe has found.

clock 10 June 2013 •

Equity release

Equity release could close European pensions gap

Europe's equity release market could potentially release over €20 billion a year as long as current Solvency II requirements don't stifle product supply according to a report.

clock 10 June 2013 •

Investment

Tenet reports loss after £4.5m Arch Cru and Keydata redress provision

Network Tenet has reported a loss of £4.4m after making a £4.5m provision for claims relating to Arch Cru and Keydata.

clock 10 June 2013 •

Investment

Architas introduces 0% AMC offer on passive fund range

Architas has introduced a new charging option for its range of risk-rated passive investment funds.

clock 10 June 2013 •

Regulation

Labour looks to cap state pension

State pensions will face a cap under Labour should the party win the next election, shadow chancellor Ed Balls has said.

clock 10 June 2013 •
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