News

MetLife has signed a ten year service contract with outsourcing provider Capita Group as part of its expansion drive.

Michael Coogan, director general of the Council of Mortgage Lenders, has announced that he will be stepping down from his role in August.

Technology provider 1st-The Exchange has revealed some providers may remove their products from the system later today in preparation for tomorrow's ruling by the European Court of Justice (ECJ), while others could do so on the day.

The FSA has flagged up concerns around the quality of advice surrounding Distributor Influenced Funds (DIFs) and has warned adviser firms it expects standards to improve.

The FSA has expressed its concerns about advisers' understanding of ETFs, as take-up of the products rises in the lead-up to RDR.

Defaqto has launched new Star Ratings for short-term income protection.

Canada Life has revised its online intermediary portal with a range of amendments.

iShares has launched two sustainable equity ETFs on the London Stock Exchange to address demand for investments meeting environmental, social and governance criteria.

The FSA has issued an 'emerging risk' warning on investment advice firms which it says may seek to maximise recurring income before the RDR deadline next year.

The FSA is warning networks considering bulking up their appointed representative numbers ahead of 2012 to beware the "further strain" this will place on their compliance obligations.