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  • Premium levels fall for car insurers
    UK motor insurers are struggling to make a profit on car insurance premiums, according to Deloitte.
  • Building societies dominate lending to first-time buyers
    The building society sector is dominating lending to first-time buyers and is set for further growth in 2013, according to Deloitte.
  • Deloitte research highlights consumers’ attitudes to telematics
    Young motorists are reluctant to accept the use of telematics - black box technology – to monitor their driving and set car insurance premiums.
  • Mutuals make the most of funding for lending scheme
    Gross mortgage lending by building societies and mutual lenders hit £2.9bn in March 2013 - up by 8% compared to the same month the previous year.
  • Platform cash rebates ban will increase cost and complexity for fund managers
    The FCA’s decision to ban cash rebates on new business from 2014 and legacy business from 2016 for investment platforms will increase complexity for fund managers and put further downward pressure on their charges, says Deloitte.
  • Deloitte continues to expand its financial services reward practice
    Deloitte has appointed financial services reward specialist, Helen Beck, as a partner in its Compensation and Benefits practice.
  • Cap on variable pay could lead to increased salaries
    Deloitte says the European Parliament’s vote in favour of CRD4 rules to cap variable pay for code staff in financial services firms is likely to lead to an increase in salaries.
  • Bank of England survey shows fall in default rates
    Deloitte comments on the Bank of England’s latest credit conditions survey that shows default rates on unsecured loans fell in the first three months of 2013.
  • UCITS fund managers face variable pay cap
    The European Parliament has voted in favour of draft remuneration rules implementing variable pay caps for UCITS fund managers.
  • Budget 2013: Corporation tax cuts make London more attractive for global insurers
    The Chancellor confirmed in the Budget that corporation tax will fall to 20% from 2015. Deloitte, the business advisory firm, says the reduction will make London more attractive to global insurers.
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