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Deadlock on council pensions

Talks have stalled between Deputy Prime Minister John Prescott and council workers over future pension rights. These workers fall outside the deal brokered between public sector unions and Trade and Industry Secretary Alan Johnson last month and council workers want a similar deal.

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Orr staying at Skandia

Skandia Investment Management head of marketing David Orr has had pulled out of a move to Gartmore at the last minute. Orr announced his intention to leave SIML in August but is understood to have decided to stay less than a week before he was due to start at Gartmore after getting a counter-offer. He […]

SWIP Property Trust celebrates first year with 17 per cent returns

Scottish Widows Investment Partnership’s Property Trust has achieved returns of 17.02 per cent over the past 12 months.The SWIP Property Trust was launched on 15 November 2004 and currently has investments worth 794.8m.The property unit trust was the first mutual fund in the UK market to offer 100 per cent exposure to commercial property and […]

Massow urges IFAs to join in Sesame action

Ivan Massow is issuing a call to arms for advisers aggrieved with Sesame’s treatment of misselling complaints against them and wants to start a class action against the network. The former IFA says the project will run separately from his own legal battle with the network, due to start in February, and says he is […]

Have TCF patience

I fully endorse the need for FSA regulation in the PPI field and regard the treating customers fairly initiative as conceptually brilliant but there is still a long way to go before the regulator can claim that its regime is working in practice. I recently commissioned an independent mystery shopping exercise into loan protection sold […]

When is £1m not £1m?

Neil Jones is technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The residential nil-rate band (RNRB) was first announced in […]

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