Over a third (35%) of the UK population is planning to gift cash for Christmas this year rather than a traditional present, according to research from pensions and insurance provider Friends Life.
Skandia International - including Royal Skandia - has changed its name to Old Mutual International, completing the company-wide rebrand of the Skandia businesses to Old Mutual.
Many third party administrators and distributors may not be adequately prepared for changes to the FCA rules on controlling clients assets, a firm has warned.
The Financial Conduct Authority has announced that debt management firm Harrington Brooks will voluntarily pay over £185,000 in compensation to over 4,500 customers after communications from the firm to creditors on customers' behalf were delayed.
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