“MPs challenge LV= chairman on Bain deal remuneration”

Apr 29, 2021 | Companies

I suspect the chairman of LV= (formerly Liverpool Victoria, another mad branding decision) wants this to disappear as much as Boris does his curtain and soft-furnishings invoices. A better chance with the latter, I’d say, if you remember what didn’t happen when they investigated the Leave Campaign. Thankfully for our industry, it seems the potential dismemberment of one of our last mutuals by offshore and other vested interests, will not go through on the nod. As had, I’m sure, been hoped. Keep watching this space.

“Amazon invades financial services with home insurance launch”

Oct 25, 2022 | Companies

Amazon, like Musk, and Branson before them both, can afford to try lots of stuff and fail at some.

“Natwest and trio of private equity firms vie for Quilter”

Aug 2, 2022 | Companies

In the 80s and 90s, banks and building societies bought life insurance, pension companies and fund managers, took on lots of financial advisers and sold financial products by the bucket-load, by means both fair and foul, to their customers.

“Nutmeg losses climb 28% after JPMorgan takeover”

Jun 30, 2022 | Companies

If you’re offering cheap, online investment advice, you need volume to make it profitable. To get volume (ie lots of money), you need marketing (to get lots of people to log in and give you money). And that costs, particularly, as will inevitably be the case, most of...