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News

Regulation

Martin Lewis tells PM: Force financial education in schools

MoneySavingExpert's Martin Lewis has written an open letter to Prime Minister David Cameron urging him to push through compulsory financial education in schools.

clock 01 November 2011 •

ETFs

ETF managed portfolios see good growth

Managed portfolios which invest primarily in ETFs are continuing to grow as use of ETFs among individuals and institutions becomes more widespread.

clock 01 November 2011 •

PMI

Groupama policies will continue to release claims data

Groupama Healthcare has said it will continue to release claims data for small group scheme policies after its merger with Simplyhealth.

clock 01 November 2011 •

Adviser / Broking

Biba and IIB reach merger agreement

The leaders of the British Brokers' Association and the Institute of Insurance Brokers have this morning announced a "momentous" merger agreement in a bid to produce a combined stance on future regulatory changes.

clock 01 November 2011 •

RDR

Sants admits FSA accountability issues; says sorry for RDR response

Hector Sants, chief executive of the Financial Services Authority (FSA), has admitted accountability issues with parliament and apologised for ill-feeling caused by the FSA's refusal to delay the retail distribution review (RDR).

clock 01 November 2011 •

Regulation

FSA and OFT publish landmark guidance on designing PPI

The FSA and the OFT are consulting on guidance to firms in relation to payment protection products - the first time the FSA has become involved in the design of a specific product.

clock 01 November 2011 •

Insurer

Non-mortgage sales lifts L&G protection business

Legal & General has credited diversification into non mortgage related business for strong individual protection results that boosted its third quarter performance.

clock 01 November 2011 •

Adviser / Broking

Aviva launches investigation into 'cross-selling' error

Aviva has apologised for "cross-selling" discounted private medical insurance (PMI) to advisers' clients, in what the insurer has said was a mistake.

clock 01 November 2011 •

Your profession

Origen names Mike Kirsch interim managing director

Aegon-owned advisory business Origen has appointed Mike Kirsch as interim managing director.

clock 01 November 2011 •

Wrap/platforms

Bramdean to launch online fund supermarket

Bramdean Asset Management has confirmed it is launching an execution only funds supermarket next year, quashing reports the launch had been shelved due to concerns over platform regulation.

clock 01 November 2011 •
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