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Contributions Agency joins with Revenue

The Government is pulling together the Contributions Agency and Inland Revenue to form a single organisation to help align tax and National Insurance contributions.

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Horlick takes up Virgin&#39s gauntlet

Société Générale Asset Management joint managing director Nicola Horlick has called Virgin Direct&#39s bluff and accepted its challenge to bet £6,000 that she can beat the FTSE All Share index. The move follows a series of stunts designed by Virgin Direct to bait what it calls “the financial old guard”. Virgin enlisted racing tipster John […]

FSA warning on Year 2000 compliancy

The Financial Services Authority is putting pressure on financial firms to ensure their computers are Year 2000 compliant. Chairman Howard Davies told a regulation conference in London last week that firms must be Year 2000 compliant by the end of next year. In the spring, the FSA will take over the regulation of all firms […]

Royal & Sun Alliance single premiums fall

Royal & Sun Alliance new single-premium life and pension business dipped last year by 5 per cent against the market trend of rising single premiums. New single premiums fell to £605.8m from £639.5. Total life and pension business was static at £167.4m. But R&SA boosted regular-premium life and pension business by 3 per cent to […]

CII offers extra sittings for G60 paper

The Chartered Insurance Institute is to provide two additional sittings for people taking the G60 pensions paper of the Advanced FPC. The extra sittings will be held on July 17, 1998, and January 22, 1999 in addition to the scheduled sessions on April 22 and October 21, 1998. From March 31, 1999, the PIA will […]

UK policy: Kate Moss and short-termism

“Nothing tastes as good as skinny feels,” said supermodel Kate Moss, who is not often credited for her insights into policy making. Perhaps she should be. In politics, as in matters of diet, the course of action that is the best over the long term is often not the most desirable course of action in the short term. Add the instant gratification of the democratic electoral cycle and, instead of good policy making, you sometimes get the equivalent to a midnight binge in front of the fridge.

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.

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