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Diggle still has an IFA role at the Revenue

Former Treasury head of home financial services Paula Diggle will continue to exert significant influence over IFAs as she begins her new job at the Inland Revenue next week.

Diggle was until recently the senior civil servant in charge of the industry at the Treasury and will now be deputy director savings and pension schemes policy at the Revenue.

She will be responsible for the tax implications of the many savings vehicles introduced in her time at the Treasury such as Isas, IPAs and stakeholder.

Diggle&#39s replacement at the Treasury will be long-time civil servant Stephen Meek. He has extensive experience in financial services as private secretary to Conservative Treasury economic secretary Anthony Nelson from 1992 to 1995 . The present economic secretary Mel- anie Johnson is the minister in charge of the financial services industry.

Meek has been in charge of social security spending at the Treasury. He also worked on the European Union budget and most recently the housing and transport committee.

A letter from Diggle&#39s new boss IR business director Roger Hurcombe, describing her remit, says: “The new business area will be responsible for work on pensions, including personal pensions, savings products, employee share schemes….This will include all the work presently done on these topics in capital and savings, financial intermediaries and claims office and the pension schemes office.”


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