Keep up to date with the latest actuarial and finance news in our weekly round-up…
RBS chief executive Ross McEwan told the BBC a ‘bad Brexit’ could result in “zero or negative” economic growth which would hit RBS’s share price.
The US dollar continued to soar in value over Wednesday night, signalling the likelihood of more interest rate rises. This spells trouble for developing countries that have borrowed heavily.
Lawmakers have argued that charging a so-called “contingent” fee to transfer a pension scheme gives financial advisors an incentive to encourage a move even when it might not be best for the consumer.
The number of construction companies going insolvent increased by a fifth following the collapse of Carillion earlier this year.
The financial services sector reported a sharp decline in optimism over the last three months. This means optimism has fallen or remained flat for the longest period since the 2008 financial crisis.