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Archive for December, 2007

News - Good news for Abbey investors?

Sunday, December 30th, 2007

Resolution is going to pay 3.6bn for the privilege of collecting and investing their premiums, along with the chance to sell more policies in the coming years.

Around 2.7m current policies with a collective value of 24bn are being
taken over by Resolution.

Among them are policies that have been sold in the names of Scottish Provident […]

News - New regime for financial advice

Saturday, December 29th, 2007

Original article ‘’

A major shake-up of how financial products are sold, aimed at giving consumers greater choice, comes into force on Wednesday.

The changes mean financial advisers will no longer be restricted to offering only the products of the bank or insurance company that employs them.

Instead, all advisers will be able to offer pensions, insurance and […]

News - Ruling on endowment mis-selling

Friday, December 28th, 2007

Read more on site
BBC Radio 4’s Money Box will be broadcast on Saturday, 22 January, 2005, at 1204 GMT.

The programme will be repeated on Sunday, 23 January, 2005, at 2102 GMT.
A 1.1m fine imposed on Legal & General in 2003 is to be cut after a tribunal found the regulator had mis-judged the extent […]

News - Financial advice set for overhaul

Thursday, December 27th, 2007

shake-up of how financial products are sold comes fully into force on Wednesday, aimed at improving consumer choice.

The changes mean financial advisers will no longer be restricted to offering only the products of the bank or insurance company that employs them.

Instead, advisers will be able to offer pensions, insurance and s from different providers.

Consumers […]

News - Mis-selling of insurance exposed

Wednesday, December 26th, 2007

Financial services firms that sell Payment Protection Insurance (PPI) have been told they must improve their selling methods.

The Financial Services Authority (FSA) demanded urgent action after visiting firms and a mystery shopping exercise.

About a third of the 45 firms surveyed sold policies on which customers could not claim or which gave limited cover.

PPI is […]

News - Financial Contacts - Savings and Investments

Tuesday, December 25th, 2007

Original article ‘’
If you have a complaint about a savings product or investment, who can you call? There are a number of organisations that can help you.

The BBC is not responsible for the content of external internet sites and can not guarantee the quality of service you will receive.

The Association of British Insurers

The Association […]

Sport - Zimbabwe bosses face crisis vote

Sunday, December 23rd, 2007

Zimbabwe Cricket chairman Peter Chingoka and his directors face a vote of no on 22 December.

The Mashonaland Cricket Association tabled the motion after England’s recent chaotic tour.

It also claims the Zimbabwe Cricket Union recently rebranded itself without prior consultation with provincial bodies, 72,000.

Chingoka said plans were approved two years ago but admitted […]

News - Scouse v Manc

Saturday, December 22nd, 2007

To many people from the south, those with mild Liverpool and Manchester accents sound similar. They share similarities in vocabulary. The term “scally”, where much of the rest of the country opts for “chav”, is just one of many words they share.

Liverpool has perhaps the greater sense of isolation and distinctness from the rest […]

News - Scouse v Manc

Friday, December 21st, 2007

To many people from the south, those with mild Liverpool and Manchester accents sound similar. They share similarities in vocabulary. The term “scally”, where much of the rest of the country opts for “chav”, is just one of many words they share.

Liverpool has perhaps the greater sense of isolation and distinctness from the rest […]

News - Does vocational equal employable?

Monday, December 17th, 2007

So it is “no bad thing” if students abandon philosophy, literature and history and turn to nursing, social work and engineering.
That was the view of Higher Education Minister Bill Rammell in response to the latest UK university applications figures.
These appeared to show a “top-up fees” effect, with many showing a big decline […]

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