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News

Bonds

Bondholders may sue BoI over £46m confiscation

Some 2,000 British pensioners set to lose bonds worth a total of £46m may revive legal action against the bank that issued them.

clock 01 December 2011 •

Your profession

Trading platform drops legal battle with FSA over £8m fine

Canadian trading platform Swift Trade has dropped a legal battle against the Financial Services Authority (FSA).

clock 01 December 2011 •

Income Protection

Compulsory protection for mortgage indemnity guarantee scheme - Reinsurer

Pacific Life Re has re-opened the debate surrounding need for protection to be made compulsory in some capacity after the government unveiled its mortgage indemnity guarantee scheme.

clock 30 November 2011 •

Adviser / Broking

Average broker pay leaps 17% in 2011 - official figures

Official government figures have revealed that the average annual salary earned by financial and insurance brokers this year has increased 17.3% on 2010 to £54,924.

clock 30 November 2011 •

PMI

'Nightmare' NHS reforms will worsen health inequalities

Public health experts fear the government's plans to reform public health could be a "nightmare" that will make it harder to respond to emergencies and increase health inequalities.

clock 30 November 2011 •

Your profession

ABI: MiFID II commission issue still 'one to watch'

The Association of British Insurers (ABI) has suggested European proposals on banning commission for financial advisers may yet have an impact on RDR.

clock 30 November 2011 •

Investment

IMA consulted four IFAs on Managed sector name change

The Investment Management Association (IMA) consulted just four IFAs about the overhaul of its Managed sector model.

clock 30 November 2011 •

uncategorised

Today's pension strike in pictures

As up to two million public sector workers strike over pensions, thousands took to the streets in central London.

clock 30 November 2011 •

Employee Benefits

State pay continues to beat private sector earnings - research

Public sector workers continue to be paid more than their private sector counterparts despite the introduction of a two year state pay freeze, research published today suggested.

clock 30 November 2011 •

Investment

Advisers told to band together to beat FSCS Keydata claims

A law firm is encouraging IFAs facing compensation claims from the Financial Services Compensation Scheme (FSCS) in relation to Keydata investments to band together for a better chance of defending the claims.

clock 30 November 2011 •
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