July 2009
Money Marketing;7/23/2009, p2
The article offers news briefs related to the financial services industry in 2009 in Great Britain. Lloyds Banking Group PLC is planning to dismiss 1,200 employees in 2010. The legal challenge set by Equitable Life Finance PLC's Members Action Group to the government will begin in July at the Royal Courts of Justice. Aviva PLC has admitted that it made a mistake in calculating the amount the company owed to its policy holders by sending them letters.


Related Articles

  • Equitable bolsters payouts. Selby, Tom // Money Marketing;3/31/2011, p10 

    The article reports on the move of Equitable Life Finance PLC to set aside 480 million pounds in an attempt to raise payments for its policyholders who exit the company's scheme in Great Britain.

  • Lloyds studies ruling on building society.  // American Banker;6/9/1994, Vol. 159 Issue 110, p4 

    Focuses on Lloyds Bank PLC's review of the implications of a British High Court ruling on the bank's takeover bid of Cheltenham & Gloucester Building Society. Proposed cash payment to each shareholding member of Cheltenham & Gloucester.

  • Lloyds investigates Scot Wids structured products sales. Holt, Natalie // Money Marketing (Online Edition);4/18/2013, p66 

    The article reports on the review conducted by Lloyds Bank PLC, which revealed that 25 of 100 cases of the structured products sales were missold.

  • MOORE'S CODE. Moore, James // Money Marketing;12/12/2002, p26 

    Comments on the manner by which the government of Great Britain is handling the financial problems of Equitable Life. Possible contributions to be asked from independent financial advisers for assistance to Equitable Life; Suggestion of loans from the Financial Services Compensation Scheme;...

  • Equitable Life. Jones, Morag Cuddeford // Brand Strategy;Aug2002, Issue 162, p8 

    Presents opinions from marketing experts on Equitable Life Finance PLC's options for managing its financial services brand in Great Britain after the company's board was involved in a scandal. Challenges in turning the brand around; Causes of the demise of brands; Nature of the relationship...

  • A matter of competence.  // Money Marketing;7/24/2008, p31 

    The author reflects on the compensation of policyholders of Equitable Life Finance PLC. The author says that the debate that springs from the question of whether the Great Britain government should compensate the company's policyholders are arguments to say that the country cannot afford...

  • Equitable faces payout to 1,500.  // Money Marketing;3/31/2005, p80 

    The article reports that Equitable Life Finance PLC may have to pay compensation to 1,500 policyholders after the Financial Ombudsman Service upheld a lead case last week. The ruling concludes that the firm knowingly issued bad advice to "late joiner" policyholder who signed up after September...

  • Aviva scraps £1bn orphan cash deal as values slump. Milner, Leah // Money Marketing;2/12/2009, p30 

    The article reports on the move of Aviva PLC to backtrack its planned £1 billion reattribution with policyholder advocate Clare Spottiswoode in Great Britain. The move came after it has reported sales of £11.9 billion. The company asserts that the move was due to the declining value of the...

  • It is OK to cut proc fees if savings are passed to customers.  // Mortgage Strategy;4/9/2012, p018 

    The article comments on the decision by Lloyds Banking Group and Nationwide to cut procuration fees to directly authorised brokers.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics