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ABI welcomes Darling&#39s pensions speech

The ABI has welcomed secretary of state for work and pensions Alistair Darling’s comprehensive approach to tackling the savings gap outlined in his speech to the NAPF last week.

ABI head of life and pensions Alan Woods says: “At the ABI we have already identified the barriers to saving and have laid out the areas that need to tacled in our five-point plan. We are pleased that in his speech, the Minister highlighted the role employers can play, the need for simplicity in the current pensions regime, a reduction in regulation and the need for incentives. These are all areas we have been working on.”


M&E and Burn-Anderson merger talks stall

Tenet Group has admitted it has had high-level talks to take over IFA network Burns-Anderson but confirms a deal is now unlikely.Tenet chief executive Simon Hudson says a merger between its M&E network and Burns-Anderson had been on the table but agreement between the parties could not be reached.A merger of Tenet Group, with its […]

IFAs&#39 tax advantage almost wiped out

The Chancellor created a very favourable tax environment for small limited companies in his Budget.I wonder if sole-trader IFAs like myself who now wish to re-register their businesses as limited companies are dismayed by the total time-wasting fiasco of having to re-apply from scratch to join the FSA, incurring another £2,000 fee which wipes out […]

Many towns too costly for first-time buyers

First-time buyers face being priced out of the market in many of Britain&#39s biggest towns, according to the Halifax.Its research shows that, in 451 towns, buying a home is beyond the reach of one-third of potential first-time buyers.There is a marked geographic divide, with house prices in Southern England unaffordable for four-fifths of average-earning FTBs […]

Becks to the future

As David Beckham negotiates his image rights, maybe IFAs could take his lead and focus on the image of advice.Recent activity in the depolarisation debate simply underlines the need for a permanent IFA lobby. Before you cry: “Isn&#39t this the role of the trade bodies?”, yes it is, but the current bodies – Aifa, the […]


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