Lloyds Banking Group
Possible future for FSA, despite Tory promise
The Financial Services Authority (FSA) is likely to survive despite the Tory pledge to abolish the financial watchdog.
UK General appoints finance director
Oliver Laird has been appointed finance director, UK General Insurance, with immediate effect.
Agenda: Selling up and cashing in
Something is happening in the UK private insurance market. Of the top 20 insurers in 2008, more than a third - seven - have been sold or are up for sale. This could either be good or bad news.
SME plans fail to impress
The 2010 Budget proposals to ease the burden for small to medium-sized enterprises (SMEs) have received a lukewarm reception from the business community.
Budget 2010: Questions raised over how SME measures will be delivered
The Chancellor’s proposals for small to medium sized enterprises (SMEs) have received a lukewarm welcome with experts voicing concern over how they will work in practice.
Budget 2010: Government extends near £50bn lending lifeline to small businesses
The Chancellor has announced new lending targets of £94bn for the Royal Bank of Scotland (RBS) and Lloyds Bank
PowerPlace establishes regional structure to grow broker partnerships
PowerPlace has restructured its 36-strong field based sales and consultant team into three regions, each to be managed by three newly appointed senior regional managers.
Rise in complaints to Financial Ombudsman Service
Data released by the Financial Ombudsman Service (FOS) has shown an 18% increase in new complaints to 82,136 for the second half of 2009 compared with the first six months of the year.
Lloyds sells Esure stake to founder Peter Wood
Lloyds Banking Group (LBG) has announced the sale of its 70% stake in Esure, the online insurer, to a management buyout vehicle to be called Esure Group Holdings, led by Esure chairman Peter Wood.
Markel appoints business development manager
Markel International, the specialty property and casualty insurer, has appointed Anne Hudson as business development manager in its retail division.
In search of lending
Emmanuel Kenning investigates if the bank bailouts have been good for brokers and their customers, as well as what 2010 might hold for financing businesses.
Lloyds to cut 1,190 insurance jobs after HBoS takeover
Redundancies latest job losses to hit insurance sector
Lloyds Banking Group axes 1,190 insurance roles
The move is part of a shake-up which will result in about 5,000 roles being cut across the business
PPI point of sale ban quashed
The Competition Appeal Tribunal has ruled that the Competition Commission must reconsider its point of sale prohibition proposals
Open GI expands board role
Business development director David Kelly has taken on a number of new responsibilities after former commercial director Mark Ryder leaves