The proposal comes in the FSA’s new business plan for the period from April 1. It includes a proposed shift from principles based regulation (PBR) to OFR. Reed Smith says the repercussions...
Research carried out by the benefits consultancy found 12 per cent of those companies that had considered the changes expect to change their definition of pensionable earnings. Only a quarter had concluded...
Revenues in Axa’s wealth management business decreased by £101 million to £618 million, down 14 per cent from 2007, which it said was down to consumers’ caution towards longer-term investment, continued stock...
AFFS says it intends to focus its resources on front line client servicing and sales and is planning to rationalise a number of support functions. As a consequence Marlow will be leaving...
Mercer scooped the gong in the pension adviser category, while Advo Group was named healthcare adviser of the year. Watson Wyatt won the group risk adviser category at the event hosted by...
With companies feeling the pain in 2009, delegates at the Group Risk Adviser Forum saw three areas where work needs to be done to bolster the sector – sensible trimming and realignment...
With property values continuing their downward slide, the FTSE 100 dropping in value by 31 per cent last year and economic confidence shaky, high net worth clients might be forgiven for considering...
Although the government bowed to patient pressure by accepting NHS top-ups last November, it remains committed to a health service that is free at the point of use. But, while paying for...
It’s déjà vu all over again, as celebrated American baseball player Yogi Berra once said. Just when we were all getting used to the chaos in the market, along comes the sucker...
The firm say employers could save an average 15 per cent on their benefit spend, based on an analysis of typical client savings achieved by the firm. Towry says many companies facing...
