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Cameron brands pensions Brown’s “worst” legacy

David Cameron has branded Gordon Brown’s record on pensions his “worst legacy” and pledged not to let him forget it.

Speaking at the Conservative conference today, Cameron also called for a cut in regulations suggesting he would “start tearing up the rulebook and allow people common sense initiative and responsibility in the jobs they do”.

Speaking for over an hour without notes, Cameron urged Brown to call an Autumn election saying `”we will fight and Britain will win”.

The Prime Minister is currently deliberating about whether to call an election next week. The Comprehensive Spending Review and Pre-Budget Report are likely to take place on Monday or Tuesday if an election is called.

Cameron said: “Gordon Brown’s worst legacy is the destruction of this country’s pensions system and we won’t let him forget it.”


Self-investment withdrawn for Tomorrow’s closed pension book

Swiss Re, the administrator of Tomorrow’s closed book of pension policies, is withdrawing the self-investment option from its deferred Sipps from January 1, 2008, prompting advisers to urge switching.Admin Re, the administrative arm of Swiss Re, has written to 15,000 customers and 4,000 IFAs saying there will be a three-month window when they can transfer […]

Suffolk Life launches MasterSipp with protected rights option

Suffolk Life has launched a trust based Sipp product which will allow customers to self-invest protected rights money.The existing Sipp will be closed to new business from November but customers will be able to remain in the Suffolk Life Deed Poll scheme if they wish.However, they will have the option to transfer into the new […]

Victoria Mortgages to complete buyer talks today

Victoria Mortgage’s administrator KPMG says that it is likely to be able to confirm a buyer for the lender today at the earliest.There have been suggestions in the market that Victoria will be snapped up despite annoucing that it was entering administration last month.KPMG says that is is still talking to a number of interested […]

The curious market reaction to Brexit

Written by Mike Riddell29 June 2016 Headlines over the past few days have screamed about record falls in sterling, record low bond yields and massive falls in equity prices. However, if you take a slightly longer view of markets rather than simply the one- or two-day reaction, I think it’s amazing how little markets have […]


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