Deloitte United Kingdom - Financial Services headlines http://www.deloitte.com/rss/en_GB/uk/a44d0c6b0015c110VgnVCM100000ba42f00aRCRD.rss Featured headlines from Deloitte United Kingdom - Financial Services en Thu, 11 Sep 2008 00:00:00 GMT Wed, 07 Mar 2012 11:39:40 GMT Companies under the spotlight as reporting of data breaches increases sharply http://www.deloitte.com/view/en_GB/uk/83ff3809eaf99410VgnVCM1000003256f70aRCRD.htm There were 24,105 news stories referencing personal data breaches in the first nine months of this year*, finds Deloitte, the business advisory firm. The figure dwarfs the previous two years’ figures of 5,474 and 4,023, respectively. Tue, 11 Nov 2014 19:01:35 GMT a0ff3809eaf99410VgnVCM1000003256f70a____ Recruiting beyond the risk adverse: modernising graduates’ perception of insurance http://www.deloitte.com/view/en_GB/uk/fe584bcf0ea99410VgnVCM2000003356f70aRCRD.htm Insurance is an unpopular career among business students, with the industry ranking 18th out of 30 sectors, according to new research from Deloitte, the business advisory firm. Mon, 10 Nov 2014 13:10:24 GMT ce584bcf0ea99410VgnVCM2000003356f70a____ Consumer giants and tech titans steal a march on banks in talent battle http://www.deloitte.com/view/en_GB/uk/5e422b867ba99410VgnVCM2000003356f70aRCRD.htm Banks looking to snap up the best and brightest students need to revamp their employer brand if they are to win the war for talent, finds new research from Deloitte, the business advisory firm. Mon, 10 Nov 2014 13:04:45 GMT 2e422b867ba99410VgnVCM2000003356f70a____ Meeting the challenge of the Single Supervisory Mechanism http://www.deloitte.com/view/en_GB/uk/a009ad9f25a79410VgnVCM2000003356f70aRCRD.htm The Single Supervisory Mechanism (SSM) today opens for business as the ECB takes over responsibility for prudential supervision of all banks in the Eurozone. Tue, 04 Nov 2014 05:23:15 GMT 7009ad9f25a79410VgnVCM2000003356f70a____ Financial Policy Committee announces new leverage ratios for banks http://www.deloitte.com/view/en_GB/uk/eb88b4c605769410VgnVCM3000003456f70aRCRD.htm David Strachan, Deloitte Centre for Regulatory Strategy Co-Leader, comments on the announcement of new leverage ratios for banks. Fri, 31 Oct 2014 13:47:43 GMT b988b4c605769410VgnVCM3000003456f70a____ Deloitte launches the Banking Union Centre in Frankfurt http://www.deloitte.com/view/en_GB/uk/2db230c943049410VgnVCM3000003456f70aRCRD.htm Deloitte, the business advisory firm, has launched the Banking Union Centre in Frankfurt (BUCF). The BUCF was created in response to the launch of the new banking supervision body, the Single Supervisory Mechanism (SSM). Fri, 24 Oct 2014 00:00:00 GMT dcb230c943049410VgnVCM3000003456f70a____ Impact on financial services companies following EU agreement on automatic tax information exchange http://www.deloitte.com/view/en_GB/uk/02edec8c0a419410VgnVCM2000003356f70aRCRD.htm Chris Tragheim, Deloitte tax partner, comments on the EU28 signing up for the Automatic Exchange of Information. Wed, 15 Oct 2014 12:49:33 GMT d1edec8c0a419410VgnVCM2000003356f70a____ Deloitte comments on the Payments Systems Regulator http://www.deloitte.com/view/en_GB/uk/49cb32cbeb219410VgnVCM2000003356f70aRCRD.htm The British payments regulator is part of a post-crisis policy by the UK government to open up competition in banking more generally. Wed, 15 Oct 2014 04:12:35 GMT 19cb32cbeb219410VgnVCM2000003356f70a____ Deloitte comments on the PRA’s consultation paper on the implementation of UK bank ring-fencing http://www.deloitte.com/view/en_GB/uk/c84e69fb235e8410VgnVCM3000003456f70aRCRD.htm Clifford Smout, Partner in Deloitte’s EMEA Centre for Regulatory Strategy comments on the PRA's consultation paper on the implementation of UK bank ring-fencing. Mon, 06 Oct 2014 07:48:49 GMT 984e69fb235e8410VgnVCM3000003456f70a____ European Court of Justice on Skandia America Corp ("SAC") will add substantial costs to financial services businesses http://www.deloitte.com/view/en_GB/uk/623e9bf11ec88410VgnVCM1000003256f70aRCRD.htm Gary Campbell, tax partner at Deloitte, comments on the “The CJEU judgement in Skandia America Corp (“SAC”). Fri, 19 Sep 2014 08:52:28 GMT 323e9bf11ec88410VgnVCM1000003256f70a____ Relaxation of defined benefit retirement rules gives pensioners more choice http://www.deloitte.com/view/en_GB/uk/7813858e25957410VgnVCM1000003256f70aRCRD.htm Government proposals to allow transfers from defined benefit to defined contribution pensions means scheme members have greater choice over their retirement benefits than ever before, says Deloitte. Mon, 21 Jul 2014 00:00:00 GMT 4813858e25957410VgnVCM1000003256f70a____ 150 intermediaries control fund inflows into asset management industry http://www.deloitte.com/view/en_GB/uk/0b17d3acc0ce6410VgnVCM3000003456f70aRCRD.htm Traditional banking is under threat from digital disruption, according to a report from Deloitte, the business advisory firm. Mon, 30 Jun 2014 05:41:02 GMT c917d3acc0ce6410VgnVCM3000003456f70a____ Deloitte – latest Credit Conditions Survey points to ‘cooling of momentum in housing market’ http://www.deloitte.com/view/en_GB/uk/fa698ecd818c6410VgnVCM1000003256f70aRCRD.htm Ian Stewart, chief economist at Deloitte, the business advisory firm comments on the latest Credit Conditions Survey published this morning by the Bank of England. Mon, 23 Jun 2014 00:00:00 GMT ca698ecd818c6410VgnVCM1000003256f70a____ Technology threatens European banking model http://www.deloitte.com/view/en_GB/uk/4823b12fe78b6410VgnVCM3000003456f70aRCRD.htm Traditional banking is under threat from digital disruption, according to a report from Deloitte, the business advisory firm. Sun, 22 Jun 2014 00:00:00 GMT 1823b12fe78b6410VgnVCM3000003456f70a____ Banks’ loan loss provisioning could jump by half under IFRS 9 http://www.deloitte.com/view/en_GB/uk/e81e1371953b6410VgnVCM2000003356f70aRCRD.htm Over half of banks surveyed believe the new IFRS 9 expected loss accounting rules - anticipated to be issued shortly by the IASB - will increase loan loss provisions by up to 50%, according to Deloitte. Thu, 19 Jun 2014 06:38:48 GMT b61e1371953b6410VgnVCM2000003356f70a____ Motor insurers set to raise premiums http://www.deloitte.com/view/en_GB/uk/a7451b150d4a6410VgnVCM3000003456f70aRCRD.htm Car insurance premiums are likely to start rising over the next 12 months, according to Deloitte. Mon, 16 Jun 2014 11:02:23 GMT 77451b150d4a6410VgnVCM3000003456f70a____ 55 Dutch pension funds cut payouts in 2013 http://www.deloitte.com/view/en_GB/uk/196b6b2252d56410VgnVCM1000003256f70aRCRD.htm Dutch-style collective pension funds can cut pensions in payment if deficits rise, says Deloitte, the business advisory firm. Mon, 02 Jun 2014 11:31:31 GMT e86b6b2252d56410VgnVCM1000003256f70a____ Deloitte comments on plans to end active member discounts for pension schemes http://www.deloitte.com/view/en_GB/uk/78a680b69c815410VgnVCM2000003356f70aRCRD.htm Ending active member discounts for pension schemes will benefit low-paid workers who change jobs frequently. Mon, 31 Mar 2014 00:00:00 GMT 48a680b69c815410VgnVCM2000003356f70a____ Pensions charge cap could stifle competition http://www.deloitte.com/view/en_GB/uk/80a7f5be38405410VgnVCM1000003256f70aRCRD.htm A charge cap on default funds can play a role in dealing with charges that are clearly extreme. However, the cap will only really affect very small or very old schemes. Thu, 27 Mar 2014 13:30:29 GMT 50a7f5be38405410VgnVCM1000003256f70a____ Draft EC directive drops rules that would increase pension scheme deficits http://www.deloitte.com/view/en_GB/uk/6d20e32347305410VgnVCM2000003356f70aRCRD.htm The European Commission has today published the draft new Institutions for Occupational Retirement Provision (IORP) Directive providing updated rules on operating pension schemes across the EU. Thu, 27 Mar 2014 08:58:40 GMT 3c20e32347305410VgnVCM2000003356f70a____