BSA blog

BSA blog

News and views on topical issues from BSA staff and guests.

Learning to ‘walk the talk’: My first 100 days as CEO

20 October 2017

Principality is Wales’s largest building society and the sixth largest building society in the UK. Steve Hughes was appointed CEO in March of this year having had a varied career in senior finance roles across multiple sectors. Here, we gain some insight into how he approached his first 100 days in his new role.

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Newcastle Building Society's innovative branch celebrates first year anniversary

28 September 2017

Published as part of BSA's monthly Newsbite newsletter.

When a local library was under threat of closure, Newcastle Building Society saw the perfect opportunity to innovatively extend its branch network – it has now celebrated its 1st birthday!

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Proportionality in banking regulation: is Germany's “small banking box” proposal the answer?

28 September 2017

The thought-leader on this subject, Dr Andreas Dombret, an executive director of the Bundesbank, has spoken publicly about this issue several times over the last year and a half. Read his latest speech : “ On the road to greater regulatory proportionality”

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The FCA focuses on the ageing population

28 September 2017

The FCA has called on the financial services industry to do more to respond to the needs of an ageing population, finding that product and advice gaps exist in the current landscape. The Occasional Paper (OP) 'Financial Services and an Ageing Population' highlights good practice and discusses difficult issues without reaching many firm conclusions.

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Building societies lead in catering for older customers

28 September 2017

Almost two-thirds of building societies have undertaken a business-wide review of the needs of older customers compared to just 27% of other financial firms, the latest CBI/PwC Financial Services Survey shows.

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The Melton Building Society charitable foundation donates £4,666 to Oakham Men in Sheds

28 September 2017

Published as part of BSA's monthly Newsbite newsletter.

The Melton Building Society Charitable Foundation has donated £4,666 to Age UK’s Men in Sheds project in Oakham. Men in Sheds is an innovative project that is designed to support men over 50 who have experienced life changing circumstances such as retirement, redundancy or the death of a partner.

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A shot in the arm for offsite

31 August 2017

​The Mayor of London recently announced a £25m investment in Pocket Living to build 1,059 new homes in London by March 2021, a third of these are expected to be built using offsite construction.

Pocket living provides homes for first-time buyers; typically one or two-bed flats. These properties are sold at a 20 per cent discount to market rate and are aimed at local people who must already live in the borough and be first-time buyers.

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Strengthening accountability in banking – the acid test

31 August 2017

The strengthening accountability in banking exercise began with an investigation by the Parliamentary Commission on Banking Standards, following the financial crisis of 2008, and certain high-profile conduct failures in the UK banking industry.  These included PPI mis-selling and the LIBOR rate-rigging scandal, followed by serious misconduct in relation to foreign exchange...

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Bitesize: Snippets from the sector in August

30 August 2017

From the BSA's monthly Newsbite newsletter. Sign up here.

  • Scottish Building Society becomes first major sponsor of the Scottish Women's Premier League
  • Skipton Building Society awarded platinum Investors in People status
  • Dudley Wellbeing campaign a glowing success

 

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Term Funding Scheme to close

28 August 2017

Mortgage Matters:

The drawdown period for the Term Funding Scheme (TFS) will close as planned on 28 February 2018, the Bank of England has confirmed.

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Guest blog: Cheques - an image for the future

25 August 2017

Associate Knowledge: Guest blog from The TALL Group of Companies

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The Pre-Action Protocol for Debt Claims

24 August 2017

Associate Knowledge: Guest blog from Eversheds Sutherland

The final version of the Pre-Action Protocol for Debt Claims has been released and will come into force on 1 October 2017. The Protocol aims to encourage early communication, resolution without court proceedings and reasonable and proportionate conduct. It will increase the information and documentation which creditors must provide to debtors together with the letter of claim and introduces a new timeline from letter of claim to the issue of proceedings.

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