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CBI pensions paper does not provide all the answers – CIPD

The Chartered Institute of Personnel and Development says the CBI&#39s pensions paper leaves questions unanswered.
The CIPD wants to see a wider debate on pensions from the industry in order to achieve a workable consensus on the changes that need to be made to to tackle pensioner poverty and how this should be funded.
The CIPD advocates a &#39flexible state pension&#39 that will be paid to everyone irrespective of contribution records on a residency basis and at a flat rate. It is calling for a state pension indexed to earnings and flexible enough to ensure it can be received at a reduced rate for 10 years before the state pension age.


Cockerill to lead Rowan investment research

Discretionary wealth manager Rowan has appointed Tim Cockerill as head of investment research to develop and expand its investment research capability. Cockerill has worked with some of the highest-profile IFAs in the UK, including Hargreaves Lansdown, Whitechurch Securities, Chartwell Investment Management and, most recently, Principal Investment Management. His role will be working with Rowan&#39s investment […]

LIA and Sofa to merge

The IFA industry&#39s two leading trade bodies are merging to form a group of 25,000 advisers. The Life Insurance Association and the Society of Financial Advisers will join together to form a new company. Members will be separately constituted. Click here to take our merger poll

Portman picks NU as investment provider in its multi-tie team

Portman Building Society has chosen Norwich Union to form the investment element of its multi-tie panel following depolarisation. Portman says it has decided to structure its business as a multi-tie operation from January 2005 with a panel of up to five providers. NU already sells its products through Portman Financial Services and will be the […]

Cavanagh counts cost of Ernst & Young deal

Cavanagh Group&#39s operating loss increased from £70,000 to more than £1m in the six months to April 30 as the firm started to integrate acquisition Ernst & Young Financial Management. Cavanagh reported losses of £1.08m, around half of which it blames on the non-recurring costs of the £3m move for EYFM. However, turnover more than […]


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