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News

Underwriting

L&G defends use of SARs for medical evidence

L&G has given the use of Subject Access Requests (SARs) a ringing endorsement and said they produce much better results than other methods of obtaining medical information.

clock 31 January 2012 •

Regulation

FOS pushes ahead with plans to name firms involved in disputes

The Financial Ombudsman Service (FOS) looks set to hold its ground on plans to include the names of businesses involved when it starts publishing final decisions.

clock 31 January 2012 •

ISAs

Govt rejects Lords' call for AIMs in ISAs

The Treasury has again rejected calls to allow more alternative investment market (AIM) shares in individual savings accounts (ISAs).

clock 31 January 2012 •

Offshore Investment

Luxemboug under pressure from EC

The European Commission has officially asked Luxembourg to change its rules on VAT in the case of independent groups of persons, saying the principality's current rules are incompatible with EU law.

clock 31 January 2012 •

Offshore Investment

Isle of Man's role praised

The Isle of Man has been praised for its role in supporting the UK economy by the Lord Mayor of the City of London on the occasion of his first visit to the Island.

clock 31 January 2012 •

With Profits

Half Standard Life with-profits holders hit by bonus cut

Standard Life is cutting some bonus rates on its UK with-profits plans from 1 February, in a move which will impact about half of the insurer's total policyholders.

clock 31 January 2012 •

Investing in the profession

Video: What is professionalism?

Watch our latest video with the Chartered Insurance Institute (CII) to hear the latest thoughts on what impact the Retail Distribution Review (RDR) is expected to have on professionalism.

clock 31 January 2012 •

Charging

Campaign to tackle 'opaque' fund charges launched

A campaign designed to tackle what it sees as opaque charging structures in the UK investment management industry was launched today by boutique wealth manager SCM Private.

clock 31 January 2012 •

Regulation

FSA says RDR commission ban compatible with MiFID II

The Financial Services Authority (FSA) has confirmed it will press ahead with the ban on commission, despite suggestions European Commission proposals could hamper, or even put an end to, its plans.

clock 31 January 2012 •

Wrap/platforms

Friends Life launches corporate platform

Friends Life has launched an online workplace savings platform.

clock 31 January 2012 •
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