Insurance fat cats attacked
Insurance fat cats at groups such as Prudential and Aviva have come under fire from a parliamentary committee for receiving salary increases, while policyholders face shortfalls on certain mortgages of £30bn over the next 15 years.
Pay rises came as the industry has been going downhill like a slalom skier, said John McFall, chairman of the House of Commons Treasury Select Committee, at a hearing with the chief executives of fiveOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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