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B&CE launches employee information seminars

Construction industry stakeholder pension and employee benefits provider B&CE Benefit Schemes is launching a nationwide employee presentation programme that will inform employees about pensions and the arrangements already made for them by their employers.

B&CE regional executives based around the UK will visit companies and work sites to explain how the
industry&#39s EasyBuild stakeholder pension plan works. EasyBuild now has over 300,000 members.

B&CE deputy chief executive John Jory says: “Our own research indicates that this is what people want and need to help them start making sense of their pension arrangements. This initiative forms
part of our plan to work with employers, unions, employees, and the Government to persuade people to think about saving for their retirement sooner rather than later.”


B&B may take on Charcol liabilities to speed up sale

Bradford & Bingley may offer to take on the liabilities of IFA subsidiary Charcol as an incentive to pot- ential buyers. The bank plans to sell off its IFA empire in a bid to slash £40m from its annual costs. Negotiations are expected to begin in earnest in the coming weeks after last Friday&#39s deadline […]

Network VAT threat is lifted

The IFA sector has won a reprieve from HM Customs and Excise over VAT charges on member fees following one small network&#39s decision to fight a ruling made against it. Customs and Excise has backed down on forcing the network to pay VAT on member charges after further examination of the contractual relationship between the […]

GMAC RFC – Mainstream Rate Control

Type: Fixed-rate mortgage followed by discount Fixed term: Until September 1, 2005 Fixed rate: 4.99% Discounted term: Until September 1, 2007 Discount: 1.25% Minimum loan: £25,001 Maximum loan: Up to 90% of valuation subject to a maximum of £350,000, up to 85% of valuation subject to a maximum of £500,000, up to 75% of valuation […]

Pearl and Prudential in annuity deal

Pearl personal pension customers will have access to a Prudential annuity when their plan matures under an agreement announced by the two providers today. Under the agreement that will run for five years, Pearl customers will be offered the same annuity rate Prudential currently offers through IFAs. Prudential UK director of corporate partnerships Isabel Hudson […]

UK housebuilders remain a value trap – despite post-Brexit falls

By Mark Martin & Holly Cassell, Neptune UK Equities As investors continue to digest the UK electorate’s vote to leave the EU, Neptune’s Mark Martin and Holly Cassell explain why they believe housebuilders remain dangerously overvalued Click here to view full article Important information  Investment risks  Neptune funds may have a high historic volatility rating and […]


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