Job losses at Lloyds (IOM)

Posted 08/02/2012 - 15:25 by anrigaut

0
Your rating: None
2012-02-07 (All day)

"LLOYDS Banking group hopes to keep job losses to fewer than 10 following its announcement it is going to withdraw from the offshore bond market by closing Clerical Medical International to new business. ..."

Comment: Perhaps not unrelated to this, reported in the Telegraph on 3rd Feb:
The investment fund that is guaranteed to lose you money
"Pension savers who hold money in Clerical Medical's Cash Pension are being charged more in fees than their money earns in interest. ..."
http://www.telegraph.co.uk/finance/personalfinance/investing/9059020/The...