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B&B to sell IFAs

Bradford & Bingley has announced that it is to focus on its core lending business, which will involve the sale of its advisor arms, Charcol, Charcol Aitchison & Colegrave and Charcol Holden Meehan by the end of the year.

It will also be selling its estate agency businesses, but will be retaining The MarketPlace, which will move from full advice to a multi-tied operation.

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Glass act

The editor of this august organ is renowned throughout financial services as an award-losing journalist and the Diary must bring the sad news to the world that he has done it again. Some two years ago, this foolish curly-mopped fellow turned up at the office with a bag full of shards of glass that had […]

FOS staff bonus scheme does not inspire confidence

I am sure we all read with amazement your report on April 15 that the Financial Ombudsman Scheme pays its staff a bonus as part of their remuneration package, and that many of the 600 adjudicators come from a financial services background and are, therefore, used to the idea of targets. It would be of […]

TUC chief says workers will strike to keep pensions open

Workers feel betrayed because of cuts in their pension benefits and will no longer accept benefits being axed, Trades Union Congress general secretary Brendan Barber has told industry chiefs. Barber warned delegates at the National Association of Pension Funds&#39 conference in Glasgow last week that industrial action would be taken if employers stopped or reduced […]

Treasury minister says Sipp changes will not bring a rise in second homes

Treasury economic secretary John Healey has moved to allay fears that encouraging people to save for retirement through residential property will damage the first-time buyer market. Speaking at an adjournment debate on Treasury housing policy, Liberal Democrat MP Andrew George said allowing residential property to sit within a Sipp wrapper will dramatically increase the number […]

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The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.

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