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Cuckoo in the Nest

Seriously, I don’t know which website Mr Douglas visited (Money Marketing Letters, February 17) but it wasn’t ours.
For the facts about Nest, your readers should visit: Beware of imitations.

Heather Tilston
Head of media and PR, Nest Corporation



Prudential holds with-profits annual bonus rates

Prudential has held annual bonus rates for over 4 million with-profits customers as annual returns topped 10 per cent on its mortgage endowment policies. Annual bonuses for all with-profits funds have been frozen, including the prudence bond and personal pensions policy at 3 per cent, and the unitised corporate pensions policy at 3.25 per cent. […]

Top Tory warns of huge opt-out from council pensions

Conservative chair of the Local Government Association Bar-oness Eaton has attacked Government plans to raise pension contributions for local authority employees by 3 per cent. In a letter to Chancellor George Osborne, Eaton warns there is “strong evidence” that there will be mass opt-outs from the local government pension scheme if the contribution increase is […]


MPAA consultation

By Fiona Tait, pensions specialist The chancellor’s announcement of proposed cuts to the Money Purchase Annual Allowance means it will be more important than ever to be able to tell your PCLS from your UFPLS What was in the statement? Not much. The chancellor spared three sentences to inform us that the Money Purchase Annual Allowance will be reduced […]


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