The Financial Conduct Authority (FCA) has warned older people to take care when chasing higher rates of return on their savings through dubious investments.
Risk exposures would change radically if the UK were to leave the European Union because larger companies earnings from the EU far outweigh those from the UK.That warning has come from Old Mutual Asset Management in its report Brexit: An Analysis of Economic Exposure.
Independent UK retail stockbroker Share Centre says its customers still favour leaving the European Union but by a narrower margin than they did in February, its latest customer survey found.
Retailer Marks & Spencer is to close its UK defined benefit pension scheme for future service accrual, it has said in its 2015-16 annual results. The scheme has been closed to new members since 2002.
Insurers in 2015 spent approximately £102 in claims and expenses for each £100 of motor insurance premiums earned, according to research by business adviser Deloitte.
The Association of British Insurers (ABI) has called for the creation of a database of cyber incidents to help UK lead the global cyber insurance market.
Floods caused by a series of storms last winter have generated more than 15,000 insurance claims for homes and businesses, the Association of British Insurers (ABI) has said.
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a EU-wide stress test for the European insurance sector, the first since the implementation of Solvency II.
