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News

PMI

Global taskforce unveiled to tackle healthcare fraud

A worldwide scheme to reduce healthcare fraud has been launched including key players from the UK private medical insurance (PMI) market.

clock 24 November 2011 •

PMI

Bupa slams hospital group over "callous" letter

Patients have been dragged into a dispute between Bupa and hospital group BMI Healthcare.

clock 24 November 2011 •

Group Protection

Job security and economy fears increase staff stress

Fears over job security and economic uncertainty appear to be taking their toll on employees' health and wellbeing, according to Canada Life.

clock 24 November 2011 •

Investment

FSCS lawyers reveal hitlist of Keydata advisers facing legal action

Lawyers hired by the FSCS to pursue claims against IFAs who recommended Keydata have sent out letters with the name and addresses of every firm it is chasing, including details of principals of appointed representative firms.

clock 24 November 2011 •

Economics / Markets

UK GDP confirmed at 0.5% for third quarter

The UK economy grew by 0.5% in the third quarter, the Office for National Statistics confirmed today in its second official estimate.

clock 24 November 2011 •

Regulation

FSA fines non-advised mortgage business

The FSA has fined Fastmoney - a non-advised mortgage and bridging loan contract arranger - £28,000 for failing to ensure that customers were treated fairly.

clock 24 November 2011 •

Pensions

Pointon York off the market

SIPP provider Pointon York has taken itself off the market after a two-month sale process.

clock 24 November 2011 •

Investment

FSA to target IFAs who mis-sold Arch Cru

The Financial Services Authority (FSA) has criticised IFAs for trying to shirk responsibility for Arch Cru investors' losses, and has warned evidence of widespread mis-selling could trigger an industry-wide past business review of all recommendations...

clock 24 November 2011 •

Tax Planning

Top tax pushes rich abroad for 'tax-yahs', says think tank

The 50p tax rate is ineffective in raising revenue and encourages young wealth creators to hide their money abroad, a think tank has said.

clock 24 November 2011 •

Offshore Investment

Kleinwort Benson launches QNUPS

Guernsey-based Kleinwort Benson has launched its Guernsey QNUPS, the COPIA+ Guernsey Retirement Plan. The plan is aimed at financial advisers with British expat clients, as well as foreign nationals with UK IHT exposure.

clock 24 November 2011 •
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