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News

Critical Illness

L&G halves time to claim on group CI

Legal & General has made a series of amendments to its group critical illness product including coverage for more illnesses.

clock 17 February 2012 •

Regulation

FSA awarded £8k legal costs after winning permissions battle

The FSA has been awarded £8,665 in legal costs after successfully defending its position to cancel the permissions of Scottish accountancy firm James Perman & Company (JPC).

clock 17 February 2012 •

Investment

Noble-Nesbitt to head new Close discretionary service

Close Brothers AM is launching a discretionary fund management service that will be managed by top-performing UK equity manager Deryck Noble-Nesbitt.

clock 17 February 2012 •

Your profession

Aegon reports £22m loss

Aegon UK made a loss before tax of £22m in the fourth quarter of 2011, dragged down by further redress payments following administrative problems at Scottish Equitable and a slump in life and pensions sales.

clock 17 February 2012 •

Offshore Investment

European fund industry responds to FATCA proposals

The European Fund and Asset Management Association (EFAMA) is calling on the US government to extend its intergovernmental approach beyond the five countries listed in a recent joint statement.

clock 17 February 2012 •

Offshore Investment

International arrivals and departures

The latest people on the move in international finance.

clock 17 February 2012 •

Long Term Care

Senior HSBC boss praises NHFA in leaked 'training video'

HSBC encouraged bank staff to refer customers to the Nursing Home Fees Agency (NHFA), according to an alleged training video.

clock 17 February 2012 •

Your profession

RBS director defends awarding Hester bonus

The Royal Bank of Scotland (RBS) director responsible for remuneration has defended awarding chief executive Stephen Hester a bonus worth £963,000.

clock 17 February 2012 •

Regulation

L&G employee arrested in FSA insider dealing investigation

A Legal & General employee has been arrested as part of an investigation into insider dealing by the Financial Services Authority (FSA) and Serious Organised Crime Agency (SOCA).

clock 16 February 2012 •

Term Assurance

Ellipse ties-up bereavement charity deal

Ellipse has agreed a deal with a children's bereavement charity to provide counselling services for all group life claimants.

clock 16 February 2012 •
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