Archive for the 'Finance insurance' Category
News - Consumer alert over extra pension
Six million people are to get a letter from their pension provider advising them to review their move to contract out of the State Second Pension (S2P).
People will be told to reassess if they would be better off paying into the S2P rather than their private pension.
The pensions industry said the letter was part of […]
Read More..>>News - RBS backs off Abbey takeover bid
Royal Bank of Scotland made bumper profits of 3.38bn during the first half of 2004 and has bought US banking business Lynk for $525m (288m).
With pre-tax profits up 17% to 3.38bn, the bank said it was confident to sustain growth following past year’s string of banking career career finance in insurance opportunity opportunity
takeovers.
But RBS […]
Read More..>>News - Equity optimism lifts BBC Global 30
For once the US stocks have featured prominently among the gainers on the Global 30.
The US market has really been a disappointment for investors this year, but the European and Asian sell-off that marked this month affected the Dow only slightly.
Equities remain attractive since money is cheap with long term interest rates low, […]
Read More..>>News - Insurer RSA sees finances improve
UK insurance firm Royal & Sun Alliance (RSA) has said its business is now in better shape, despite reporting a 14% fall in half-year operating profits.
The firm said operating profits fell to 310m ($550m) from 351m a year ago, partly due to lower investment returns.
But RSA said it was in a stronger financial position following […]
Read More..>>News - Banking giant to create 375 jobs
The world’s largest finance company, Investment mcgraw hill irwin series in finance insurance and real est
, has confirmed that it is to create 375 jobs in Belfast over the next five years.
The US-owned company is establishing a “technology centre of excellence”.
The development is being backed by Invest NI which is contributing more than […]
Read More..>>News - Indians strike over walk-out ban
More than a million government employees have taken part in a one-day strike in India.
Work in many government banks, offices and state-owned firms was affected.
Communist-ruled West Bengal and Kerala states were hardest hit by the strike, which was more limited in other parts of the country.
Unions called the walk-out in protest at a Supreme Court […]
Read More..>>News - Finance lessons hailed a success
The teaching of personal finance in schools may be rolled out nationwide after trials were deemed a success.
For the past three years, 300 secondary schools have been teaching personal finance issues such as managing credit.
A report from Brunel University said the scheme had proved to be an aid to financial awareness.
The Personal Finance Case est […]
Read More..>>News - Friends Provident fined £675,000
Friends Provident has been fined 675,000 for mis-handling mortgage endowment complaints.
The Financial Services Authority said the company’s treatment of complaints had, in the past, been “biased” against customers.
The insurer is now reviewing all complaints it rejected between January 2000 and 10 February 2003.
Millions of people in the 1980s took out finance gambling insurance […]
Read More..>>News - UK financial exports hit record
The value of UK financial services exports such as insurance broking and investment banking hit a record $19bn in 2004, a study has shown.
The global stock market recovery lifted sales in the City of London and exports grew by 9%, research firm Applied event extremal finance insurance modeling modeling probability stochastic
Financial Services London […]
News - FSA criticised over finance ads
A committee of MPs has criticised the Financial Services Authority’s (FSA) regulation of financial car insurance finance company
.
The Treasury committee said the FSA should copy the policy of the Essential est finance hill in insurance investment irwin mcgraw real series
Standards Authority (ASA) and make its findings public.
Committee chairman John McFall MP has written to […]
Read More..>>