BBC Radio 4’s Money Box has been named best financial programme for the second year in a row at a top awards ceremony.
Money Box Paul Lewis was also honoured, winning the prestigious Lifetime Achievement award for Financial .
The ABI (Association of British Insurers) awards are held each year in London to “celebrate excellence in […]
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The World Trade Center leaseholder has won a court victory over his insurers as he attempts to rebuild the site.
A New York jury has decided that the 11 September 2001 attack on the two towers two separate events.
The US District Court ruling means Larry Silverstein could now get an extra $1.1bn […]
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Wal-Mart has pulled out of plans to obtain a US banking licence.
The retail giant had planned to create an in-house bank, known as an industrial loan corporation (ILC).
However, it decided to withdraw its the application with the US Federal Deposit Insurance Corp (FDIC) a government finance watchdog.
Its plan had been and […]
The collapse of Christmas saving scheme Farepak highlights a “serious lack” of consumer protection, MPs have said.
A Treasury Select Committee report urged government action to ensure such situations do not happen in future.
MPs want more powers for watchdogs such as the Financial Services Authority (FSA) and Office of Fair Trading (OFT) to […]
Cosmetics firm Avon is recruiting 20,000 sales agents, who may help it sell financial services door to door.
As well as the usual lipgloss and perfume, consumers may be offered life and car insurance and credit cards.
The Financial Times reported that Avon was with potential partners for a marketing push in 2006.
However, an Avon […]
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of the general insurance industry, introduced last year, is costing 400m a year, the Association of British Insurers (ABI) has said.
The body said its members were having to pass on these costs to consumers in the form of higher premiums.
The ABI added that consumers now felt “bombarded” with reams of […]
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 […]