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CBI says skills councils are a waste

The CBI has blasted skills councils, saying the Government has wasted millions of pounds on quangos which fail to provide skilled workers.

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Abolish loopy indemnity

What an interesting article from Peter Hargreaves about killer commission. I do not agree with him that IFAs will be dead in a few years. People have been saying that for many years and it never happens. I may well be dead but from a physical, not a business, point of view. I do not […]

MetLife guarantee aims to fill a gap in pension sector

US financial services giant MetLife plans to take on the UK market in January with a guaranteed income retirement product.It will aim at the increasingly competitive market for people who do not want to buy an annuity but are not prepared to take the risk of income drawdown.The funds will be invested in around 20 […]

‘Borrowers should pay for increased proc fees’

Mortgageforce managing director Rob Clifford believes that brokers are being underpaid on prime cases and he wants higher charges for borrowers to pay for increased proc fees.Clifford told the Mortgage Business Expo in London last week that borrowers are getting a “free lunch” as brokers earn far less than counterparts in other markets.He said intermediaries […]

Warming to green issues

There seems little doubt that the leading political theme today is the environment. Just look at the amount of press coverage that the Stern report received.Now I have to admit that I remain somewhat of a sceptic on global warming or perhaps what is causing it. I also have to admit that I am no […]

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