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Company expects growth from acquisitions to slow down in 2014

Insurance outsourcing firm Quindell has bought accident rehabilitation and medical reporting firm React and Recover. However the company also revealed in a strategy update that its growth through acquisitions will slow down in 2014. Quindell has paid for the purchase of React and Recover in shares and cash. It has issued 70.7 million new shares […]

L&G Property appoints development manager

Legal & General Property (LGP) has appointed Neil Crawford as retail development manager, in a move aimed at strengthening its in-house development and asset management expertise. The unit is also recruiting for a second role, head of retail, reporting directly to Mike Barrie, director of fund management. Mr Crawford joins from Hammerson where he has […]

Average monthly income gap over £400

Average monthly income gap over £400 Britons face an income gap of £411 per month between their current net income and what they believe would allow for a comfortable life, according to new research from Aviva. The insurer’s latest “Times of our Lives” report puts the perceived shortfall at £7,236 per year gross, although the […]

PPI refund delays from Lloyds TSB persist

Lloyds’ customers still suffering lengthy delays, and mounting frustration, in obtaining PPI refunds Banks are expected to settle missold PPI complaints within eight weeks but this does not include the time taken to send out the cheques. The rules state that payment must be made promptly, without defining “promptly”, but could reasonably be taken as […]

Personal injury discount rate to be reviewed

The Association of Personal Injury Lawyers (APIL) has welcomed the Lord Chancellor’s agreement to a review of the discount rate. The discount rate is used to calculate the amount deducted from an injured person’s compensation to account for any income they may receive from investing their damages. The rate was set at 2.5% by the […]

Manchester postcode tops theft list

Manchester postcode tops theft but London has ten in top 20 The Chorlton Cum Hardy postcode in Manchester is the UK’s household policy theft claim hotspot, but combined claims in London make it the claims, research from moneysupermarket.com found. Analysis of 1.1 million home insurance enquiries in 2009 found London held ten of the top […]

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