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Aon Consulting responds to Pensions Green Paper

Aon Consulting has called on the Government to give stakeholder pensions the same tax regime as occupational and personal pensions.

In response to the Pensions Green paper, Aon&#39s director of research Donald Duval says: &#34It is unnecessary to have a third tax regime for pensions. We believe the Government could merge the stakeholder tax regime into the two that currently exist for occupational pensiuon schemes and personal pensions.&#34

Aon has also called for the present system of contracting out of Serps to remain for final salary occupational schemes.

But it has welcomed plans for stakeholder schemes to be set up under a trust structure saying this is in the members&#39 interest.


Gartmore&#39s McNaught joins Polar expedition

Gartmore Fund Managers managing director Lewis McNaught is set to join three other Britons in an expedition to the North Pole.The trek begins on April 25 as the team set off to walk the last degree of latitude towards the geographic North pole.The trek in aid of Starlight Children&#39s Foundation will be the culmination of […]

Scottish Provident International extends special offer

Scottish Provident International has extended the special offer on its Capital Investment Portfolio, a single premium life assurance bond.The offer, which now applies to applications received by May 31, 1999, allows investments of £25,000 and provides enhanced allocation rates.Investments of £25,000 to £49,999 receive 101 per cent, £50,000 to £99,999 receive 102 per cent and […]

Isas off to slow start

Sales of Isas through IFAs have got off to a very slow start, following the Pep bonanza of the last few months.The new savings account appears to be suffering from a post Pep hangover. Reported sales on April 6, 1999 their first day has been slow, Fidelity Investments who had just broken their own record […]

Britannia launches Isas

Britannia Building Society has unveiled its range of individual savings accountsThe range consists of a mini cash Isa and a instant access Tessa only Isa. Both are cat-marked and pay a variable interest rate of 6 per cent.The society is also offering a five year Tessa only Isa, which has the option of annual interest […]


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