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News

Investment

Lloyds boss plots path back to dividend

The chief executive of Lloyds Banking Group has opened the door to a return to the dividend list as he prepares to reveal the bank's net lending to UK businesses has increased for the first time since the global credit crisis.

clock 29 April 2013 •

Investment

RBS set to unveil £800m profits boom

Royal Bank of Scotland is set to unveil its best quarterly figures since the financial crisis, in a move that will spark renewed debate about the bank returning to private ownership.

clock 29 April 2013 •

Investment

Harlequin investors push for review of all SIPP advice

A group of Harlequin Property investors is seeking to agree a process with the company to facilitate the review of all investments through self-invested personal pensions (SIPPs) or those which have utilised a re-mortgage.

clock 26 April 2013 •

Investment

FOS receives first Harlequin complaints

The Financial Ombudsman Service (FOS) has received a "small number" of complaints related to troubled overseas property sales agent Harlequin Property - though this could rise if a group of investors gets its way.

clock 26 April 2013 •

Critical Illness

Friends Life ordered to pay out £100k on CI cancer claim

The family of a man who died of cancer but whose life insurance payout was refused on the grounds that he failed to disclose pins and needles have won their fight against Friends Life, after the Financial Ombudsman Service (FOS) ruled that the insurer...

clock 26 April 2013 •

Wrap/platforms

FCA tells platforms: do not wait until 2016 to convert legacy book

The Financial Conduct Authority (FCA) has cautioned platforms against maximising legacy commission by waiting until the April 2016 deadline.

clock 26 April 2013 •

Wrap/platforms

Cofunds predicts 'short term pain' following legacy ban

The Financial Conduct Authority's decision to ban rebates on legacy business from April 2016 is set to be a painful one for the industry, according to Cofunds.

clock 26 April 2013 •

Income

RP Poll: Conventional annuities

In this week's quick fire annuity-themed poll we ask: Do you think ‘Middle Britain' retirees are ill-served by conventional annuities?

clock 26 April 2013 •

Investment

Govt bank share sale chief O'Neil quits UKIF

The man tasked with selling off the government's stake in Royal Bank of Scotland (RBS) and Lloyds Banking Group (Lloyds) has quit.

clock 26 April 2013 •

Investment

Aviva scraps direct advice arm as part of restructure

Aviva is to stop offering direct investment and protection advice for its customers from 31 May.

clock 26 April 2013 •
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