Archive for January, 2008

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Sport - Ranson bids to take over Man City

Former Tesco finance car insurance
City player Ray Ranson says he has made an offer to buy the Department of insurance and finance club.

Ranson, who is a former City full-back, has yet to receive a response from the club’s board and is currently considering making a further proposal.

Multi-millionaire Ranson, 46, is said to have made […]

News - School leads way in financial lessons

The students at St Columba’s College in St Albans are taking finance very seriously. They are studying it as part of the Institute for Financial Services curriculum.

All the boys are taking their AS levels and in addition are taking an IFS course (an AS level equivalent qualification). The course looks at the structure of […]

News - New financial courses for schools

Schools will be able to teach personal finance to 14-16 year olds from September this year.

The Institute of Financial Services has launched two new qualifications for them - a foundation est finance financial hill in insurance international irwin management mcgraw real series and an intermediate certificate.

The Institute will supply the curriculum, teaching materials, and exams […]

News - Financial jargon ‘prevents saving’

Financial jargon is preventing many people from saving, research has claimed.

About 21% of people surveyed said they thought they would save more money if financial services companies were clearer in
communicating with them.

The research was carried out for the insurance industry’s Raising Standards Quality Mark Scheme, which aims to replace financial jargon with clear English.

It thinks […]

News - Money Box scoops top award

BBC Radio 4’s Money Box has been named Financial Programme of the Year at a prestigious ceremony in London.
Money Box Presenter Paul Lewis collected the award at the Association of British Insurers (ABI) event on Wednesday.
Other nominees in the Financial Programme or Broadcaster of the Year category were the BBC’s Andrew Verity and Declan Curry.
The […]

News - Insurers warned on cold calling

Insurance firms have been warned by the Financial Services Authority (FSA) to improve the way they “cold-call” potential customers.

After looking at the way 43 firms sold insurance policies over the phone, the FSA concluded that customers were in danger of being treated unfairly.

The FSA said the standard of sales involving cold calling was “poor”.

However, the […]

News - Money Box scoops top award

BBC Radio 4’s Money Box has been named Financial Programme of the Year at a prestigious ceremony in London.
Money Box Presenter Paul Lewis collected the award at the Association of British Insurers (ABI) event on Wednesday.
Other nominees in the Financial Programme or Broadcaster of the Year category were the BBC’s Andrew Verity and Declan Curry.
The […]

News - New regime for financial advice

event extremal finance insurance modelingr shake-up of how financial products are sold, aimed at giving consumers greater choice, comes into force on Wednesday.

The changes mean financial advisers will no longer be restricted to offering only the products of the bank or insurance company that employs them.

Instead, all advisers will be able to offer pensions, insurance […]

News - Ruling on endowment mis-selling

BBC Radio 4’s Money Box will be broadcast on Saturday, 22 January, 2005, at 1204 GMT.

The programme will be repeated on Sunday, 23 January, 2005, at 2102 GMT.
A 1.1m fine imposed on Legal & General in 2003 is to be cut after a tribunal found the regulator had mis-judged the extent of endowment mis-selling by […]

News - Mis-selling of insurance exposed

Financial services firms that sell Payment Protection Insurance (PPI) have been told they must improve their selling methods.

The Financial Services Authority (FSA) demanded urgent action after visiting firms and a mystery shopping exercise.

About a third of the 45 firms surveyed sold policies on which customers could not claim or which gave limited cover.

PPI is […]