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ABI hits out at increase in insurance premium tax

The Association of British Insurers has said that it regrets the increase in insurance premium tax.

Director General Mark Boleat says: “The increase in IPT is regretted. It will result in higher premiums and could further encourage people not to insure. It will hit people on the lowest incomes hardest and those starting up new businesses.”


Abbey National welcomes DTI mortgage initiatives

Abbey National has welcomed the Chancellor&#39s announcement of a DTI package to make mortgages and credit more transparent to consumers.The lender says it mirrors its own commitment to make financial services more transparent.It has also welcomed the announcement that the Financial Services Authority will be publishing league tables for savings, pensions and investments, although it […]

AITC highlights investment in Ireland

With the approach of St Patrick&#39s Day, the Association of Investment Trust Companies is urging investors to consider placing their money in trusts invested in Ireland.It says that two investment trusts, the First Ireland and Gartmore Irish Smaller Companies have both outperformed the average European size weighted investment trust over the three years.If you had […]


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