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RBS sets 2013 deadline to divest insurance business

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Bank sees RBSI as ripe for possible IPO.

Royal Bank of Scotland this morning confirmed plans to sell Royal Bank of Scotland Insurance as Post predicted last week.

It added the move would happen between now and the end of 2013.

The move is

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Did the FCA’s leasehold commission reforms fail?

Three years after introducing reforms to tackle excessive leasehold insurance commissions, the Financial Conduct Authority is reviewing the market again, which Scott McGee observes raises questions about whether its measures have delivered meaningful change.

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