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...The Bank of England’s Prudential Regulation Authority, which supervises insurers, declined to comment....
...“We understand that it can be more difficult for charities . . . to provide this information as a result of changes in trustees or more complex mandates,” the bank said, adding that it would “only ever close...
...The group would use mutuality as a pitch to pension trustees, chief executive Barry O’Dwyer told me....
...The Bank of England plans to stress test insurers on their exposure to reinsurers through a flurry of corporate pension deals, according to people familiar with the matter, as concerns mount about the risk...
...Macpherson, permanent secretary at the Treasury from 2005-2016, noted that a stronger economy might not help Sunak in the short term because the Bank of England may have to keep interest rates higher for...
...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....
...Mark Cliff, chair of trustees for the Debenhams Retirement Scheme, said: “We are confident that transferring members’ benefits to Clara provides the best available outcome for them.”...
...“I am not sure that it is the role of the government to tell trustees where they place their money,” said Armitt....
...Britain does not look as if it has a “sick note culture”....
...Further reading— The unbearable tightness of BoE’ing— The Bank of England is misusing its fiscal powers...
...He served as chair of trustees of the National Gallery between 1985 and 1991 and chair of the Heritage Lottery Fund from 1994 until 1998....
...To Britain’s crypto credit, the Bank of England and Financial Conduct Authority yesterday launched a consultation on a “sandbox” for companies using distributed ledger technology, which should have its first...
...After a 78-year run, Marlborough Gallery is to close this June, a decision announced by its board of trustees on Thursday....
...“In my view, managing this type of risk should be the responsibility of governments, not trustees of pension schemes.”...
...Job moves Deutsche Bank’s Alex Ham will lead the bank’s newly created global private growth capital team. Ham will continue in his role as co-chief executive of Deutsche Numis in London....
...Such actions diminish Britain in the eyes of its European partners, and the world....
...Former UK prime minister Liz Truss considered sacking Andrew Bailey, Bank of England governor, as part of her attempt to dismantle an “economic establishment” that she says helped to bring her down....
...The bank reported a return on tangible equity — a key measure of bank profitability — of 12.3 per cent, down from 15 per cent last year but ahead of its target of more than 10 per cent for 2024....
...Alumni pressure helped trigger a shake-up leading to the resignation of Scott Bok as chair of the board of trustees, and the departure of Liz Magill as president after she struggled at a congressional hearing...
...This week, an ill-judged statement from its board of trustees has put that hard-won reputation at risk — not least among SBTi’s own staff....
...The Bank of England forecasts headline price growth will be below the 2 per cent target in April....
...Often, travel insurance is included either as an extra benefit or service through your bank or credit card company as part of a package of services for which you pay a monthly or annual fee....
...US investment banks such as JPMorgan, Morgan Stanley, Citi, Goldman Sachs and Bank of America, which have hired or transferred hundreds of people to Paris since Britain left the EU, have led lobbying for...
...Most often these come from the “Bank of Mum and Dad”. The difficulty is that there is no legislation for the treatment of soft loans within a financial agreement....
...The assets held in overseas trusts will not pass under your aunt’s will so you would need to consider the trust documents or contact the trustees to establish who are the beneficiaries of any trust assets...
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