Lloyds Banking Group has today been hit with fines totalling £218m for serious misconduct relating to the Special Liquidity Scheme, the Repo Rate benchmark and the London Interbank Offered Rate.
Read more ...Lloyds hit with fines totalling £218m for 'serious misconduct'
- Monday, 28 July 2014
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Finance sector job vacancies on the increase
- Monday, 28 July 2014
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Vacancy levels in the financial services sector have risen by around 7%, according to year-on-year statistics released this month by a recruitment firm.
Read more ...Aberdeen reports £4bn client withdrawal as part of £8.8bn net outflows
- Monday, 28 July 2014
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Aberdeen Asset Management has reported net outflows of nearly £9bn for the latest quarter, including a single client withdrawal of about £4bn.
Read more ...Two millionaires this week - Premium Bond prizes to rise
- Monday, 28 July 2014
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An extra £1 million prize will be up for grabs in the Premium Bonds prize draw from the end of this week, arising from the Budget reforms.
Read more ...Experts say pensions to fund matters other than retirement
- Friday, 25 July 2014
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Nearly 90% of key annuity providers and pension experts believe that pensions will be withdrawn as lump sums for purposes other than retirement income following the Budget reforms. Read more ...
Assets under management at Parmenion rise to over £1bn
- Friday, 25 July 2014
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Assets under management at Parmenion have shot through the £1bn barrier in the past financial year.
Read more ...Annuities shouldn't be shunned automatically on value, report finds
- Friday, 25 July 2014
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New research has shown that consumers should not be shunning annuities on the basis of value for money, according to the International Longevity Centre UK.
Read more ...Tax avoidance scheme users owing £430m told to pay up
- Thursday, 24 July 2014
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Mum of pension scam suicide victim joins campaign
- Thursday, 24 July 2014
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A mother whose son committed suicide after falling prey to pension fraudsters has spoken of her devastation as a new campaign against the crime was launched today.
Read more ...Pensions passport gets support from senior industry figures
- Thursday, 24 July 2014
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