It appears that the Department for Work and Pensions has taken rather a blase attitude to the court which will consider whether the Government is guilty of maladministration for its advice on whether to stay in their schemes or not. It has failed to present its evidence to the judicial review by the court’s deadline of November 22. It was to be hauled in front of the judge as Money Marketing went to press to explain its failure to do so and for assuming it could set its own deadline. One might offer the opinion that the defence when it comes will not be a formidable one. But we will leave that to the judge. But the Government’s attitude shows just what contempt has been displayed during this whole sorry affair.
Capita will provide admin support to MetLife on its Sipp and trustee investment plan business, which is set for launch in January 2007.
by Matt Goodburn
The Government is aware of the problems surrounding means-testing but resolving them is difficult
by Matt Goodburn and Sam Shaw
The final stages of a sell-off can be the most interesting, says Simon Edelsten, manager of the Global Select Fund. It is not a matter of calling the ‘bottom’. Instead, investors should focus on selected stocks’ prospects over the longer term.
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