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News

Long Term Care

Self pay LTC on the rise - Laing and Buisson

According to Laing & Buisson efforts to divert demand away from care homes appear to be running out of steam as the proportion of private payers rises.

clock 06 January 2012 •

Regulation

Top PPI mis-sellers face £55m costs

The ten worst offending payment protection insurance (PPI) mis-selling firms could face costs of over £55m to enable regulators to deal with the problem.

clock 06 January 2012 •

TCF

Complaints force Standard Life to review client letters

Standard Life (SL) will review the wording of letters sent directly to investors after advisers complained they were incentivizing clients to drop IFAs.

clock 06 January 2012 •

uncategorised

This week's Movers & Shakers

Who moved where in another busy week in financial services...

clock 06 January 2012 •

Regulation

FSA to apologise over 'misleading' consumer info

The Complaints Commissioner has rebuked the FSA for publishing "misleading" and "ambiguous" information about cheque clearing times on its website.

clock 06 January 2012 •

Regulation

AIFA says new FOS funding model a 'better deal' for advisers

The Association of Independent Financial Advisers (AIFA) has hailed the increase in the ombudsman's free case fee threshold as a positive move for IFA firms.

clock 06 January 2012 •

ETFs

Advisers alarmed by 'dangerous' inverse ETF trend

Advisers have expressed concern at the rise in popularity of 'short ETFs' - products designed to track the inverse price of an index or underlying asset.

clock 06 January 2012 •

Employee Benefits

Personal reasons top cause of employee absence

Employees are more likely to have been absent from work due to personal reasons than because of sickness, new research has revealed.

clock 06 January 2012 •

Service

Axa abandons insurers' trade body

Axa will quit the Irish Insurance Federation (IIF) after claiming it can no longer afford the membership cost due to the economic climate.

clock 06 January 2012 •

Employee Benefits

Unite rejects latest NHS pensions deal

Trade union Unite has rejected the government's latest proposal for reform of the NHS pension scheme (NHSPS).

clock 06 January 2012 •
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