Story by: David Pawsey, Financial Adviser
Barclays Bank’s approach to switching clients from one product to another should be probed following a Financial Ombudsman Service provisional ruling against the banking giant, according to an IFA.
For consumers to regain confidence in the financial services industry, a consensus must be reached about how clients no longer in contact with their IFAs are treated, according to Aviva.
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Very few businesses have sufficient protection in place to cover an event such as the death or critical illness of a key person, according to research from Legal & General.
Living Time’s Offer More Options campaign has come on leaps and bounds in the last few months with a 1000 IFAs backing it.
With savers concerned about declining interest rates, Legal & General International (Ireland) has joined forces with HSBC to provide a series of structured deposits, to offer customers potentially better returns than are currently available on traditional deposit accounts.
The former chief executive of a leading high street bank has launched a scathing attack on non-executive directors who he claimed do not understand the banking industry.
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Britain is going through one of its occasional schrizophrenic moments – or at least politician...