News
Lombard Int’l adds wealth preservation cover to LatAm range
Lombard International Assurance has added wealth preservation life cover to its range of unit-linked life insurance solutions for Latin American clients and their families.
Duo at helm during Saunderson House sale U-turn resign
In the wake of its surprise decision not to sell advice firm Saunderson House, two senior departures have prompted parent company IFG Group to reshuffle its senior management team.
Phoenix top as FCA complaints hit 3.8 million
Consolidator The Phoenix Group featured heavily in data from the UK Financial Conduct Authority that shows complaints about all financial services firms rose by 13% in the second half of 2017, driven by payment protection insurance (PPI) claims.
AMP misleading Aussie regulator could bring ‘jail time’
Australian treasurer Scott Morrison says revelations financial services giant AMP intentionally and repeatedly misled the regulator over advice fees charged to its own customers could result in “jail time”, a sentiment echoed by the regulator.
UK inflation drop raises questions over rate increase
UK consumer price inflation fell sharply to the lowest rate in a year last month, raising questions over the Bank of England’s (BoE) direction on interest rates.