by cffadmin | Dec 9, 2017 | Uncategorized
How true is it of companies and more crucially management? A great case study may be Provident Financial (PF) from 2005 to 2017. 2005 YesCarCredit shut down at a cost of £141M due to heavy credit losses. 2012 BBC Panorama alleges that PF were breaching OFT guidelines...
by cffadmin | Dec 9, 2017 | Uncategorized
Provident Financial – Another Payment Protection Insurance Scandal? After the great PPI scandal, the last thing one would expect is for a UK bank to be subject to an FCA investigation on providing payment protection “insurance”. But, this appears to be...
by cffadmin | Dec 9, 2017 | Uncategorized
The DWP and FCA have issued a report on progress in reducing costs to below 1% in legacy workplace pensions. This has been an effective but slow process. These excess charges reduce the value of people’s final pension. There is still 16% of AuM in contract-based...
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