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ABI welcomes FSA depolarisation rules

The Association of British Insurers welcomes the announcent from the FSA on depoplarisation rules.

ABI head of life and pensions Chris Kenny says: “This is an important change. The industry has been working hard to make it a success and will continue to do so.”

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Nationwide forecasts 2% rise in 2005

Nationwide’s housing forecast for 2005 says the average property price will rise by just 2 per cent as more realistic price expectations will act as a brake on the market. Predicted net mortgage lending for 2005 is £73bn from an expected £97bn in 2004.

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Auto-enrolment — don’t leave it too late…

With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.

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