Phoenix reserves £70m for Consumer Duty costs
- Friday, 22 March 2024
- Articles
![Phoenix CEO Andy Briggs](/media/k2/items/cache/3dd25c8f464be22440963eae0f8b42e6_Generic.jpg)
Phoenix Group, owner of Standard Life and Sun Life, has reserved £70m for the potential impact of Consumer Duty legacy product costs, it revealed in its annual results today.
Read more...CPI steady at 4% despite fears of rise
- Wednesday, 14 February 2024
- Articles
![Comparison of inflation rates: Source: ONS](/media/k2/items/cache/0e87f4e74ddeee2a0e62c15caf7e9aee_Generic.jpg)
The Consumer Prices Index 12 month rate held steady in January at 4% despite predictions from some of a rise to 4.1% or 4.2%.
Read more...Surprise uptick in CPI to 4%
- Wednesday, 17 January 2024
- Articles
![CPI inflation. Source: ONS](/media/k2/items/cache/d01869859572440b08a81b68ea7ba0c4_Generic.jpg)
The 12 month rate of CPI inflation increased by a surprise 0.1% in December to 4% despite experts predicting a fall to 3.8%.
Read more...FCA gives investment companies disclosure boost
- Friday, 01 December 2023
- Articles
![FCA HQ](/media/k2/items/cache/96feddf247c6ca6222098f1c4ff9b927_Generic.jpg)
The FCA has published details of temporary measures which will give investment companies a chance to improve cost disclosure.
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