An affinity scheme is a partnership in which an insurer underwrites insurance to be distributed via another company whose primary product or service is not insurance. 392 more words
Tags » Building Societies
This is the time of year when I am invited by the building societies in which I have savings to participate in their democratic life. It’s, frankly, not much of an invitation. 297 more words
The View from the Manor – It is important to review your investments on a regular basis to ensure they are continuing to meet your expectations. 307 more words
BRG held a webinar on Seven Practical Steps towards Mastering Conduct Risk on 8 December in conjunction with the British Bankers Association.
A key message from the webinar was that the often-bandied phrase “conduct risk appetite” is a misnomer (i.e., a firm can’t set a tolerance for customer detriment or market failure; by inference, both must be zero). 275 more words
As part of its ongoing review of the UK savings market, the Financial Conduct Authority (FCA) has published a ‘name-and-shame’ list of banks and building societies offering very low interest rates, with some giving savers returns of just 0.01%. 291 more words