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News

Income Protection

Incapacity Benefit to be scrapped and long-term jobless forced to work

Incapacity Benefit (IB) will be abolished this year with all claimants facing reassessment as part of the Government's continued crackdown on the benefits system.

clock 29 March 2010 •

Your profession

Chancellors to do battle in first live TV election debate

The first televised election debate kicks off on Channel 4 tonight, with a predictable focus on the state of the economy.

clock 29 March 2010 •

Investment

FSCS says Keydata levy will fall on investment advisers

A controversial interim levy to cover the collapses last year of Keydata and two stockbrokers will be applied to the investment intermediation sub-class despite widespread opposition, the FSCS has confirmed.

clock 29 March 2010 •

Mortgages

Mortgage approvals slump to nine-month low

Mortgage approvals declined in February for the third consecutive month, Bank of England figures reveal.

clock 29 March 2010 •

Economics / Markets

Greece to raise €5bn in seven-year bond issue

Greece plans to raise €5bn from a new seven-year bond in its first attempt to raise funds since the EU-backed safety net agreement for the country.

clock 29 March 2010 •

Your profession

Rio Tinto execs handed lengthy jail terms

Four Rio Tinto executives have been found guilty of bribery and stealing secrets by a Chinese court.

clock 29 March 2010 •

Investment

iShares launches ETF roadshows

Exhange traded fund (ETF) family iShares is launching its first roadshows for IFAs after the FSA last week published its final rules on adviser charging.

clock 29 March 2010 •

Individual Protection

ABI director Kelly to speak at Protection Review

New ABI director general Kerrie Kelly has been confirmed as a keynote speaker at this year's Protection Review conference.

clock 29 March 2010 •

Group

Multiplex expands healthcare trust plan

Corporate healthcare adviser Multiplex has added a range of new services to its corporate healthcare trust product.

clock 29 March 2010 •

Your profession

Banks welcome axing of 'mandated' words to describe restricted service

Banks have described as "a plus" an FSA decision not to mandate the wording they will need to use to describe their restricted offering to clients after 2012.

clock 29 March 2010 •
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