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Dry run planned for Hips in 2006

Home information packs took one more step to becoming a reality as industry bodies agreed with the ODPM on a dry run, to be carried out next year. Approval has also been given to the diploma in home inspection. The partnership is also look- ing at a not-for-profit certification scheme to oversee the standards of operating Hips.

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Shepherds to hold creditors meeting

Investment firm Shepherds (Financial) Limited, which ran an offshore viatical fund which invested 26m in collapsed American life office MBC, is holding a creditors meeting on August 9 to consider the appointment of a liquidator.

Winterthur says too late for Govt simplification backtrack

It is too late to backtrack on pensions simplification as IFAs are already reviewing client portfolios ahead of next April, says Winterthur Life. Pensions strategy manager Mike Morrison was res-ponding to press reports calling for the Treasury to omit certain features of the new regime, such as allowing residential property in a Sipp, at the […]

Never on a Thursday…

The financial services’ rock hall of fame rolls out further with the news that Scottish Widows’ Robert Wyllie and his band were on the same record label as navel-gazing nihilists Joy Division. Diary hears Rob was drummer in “influential” new wave outfit The Thursdays, garnering a supporting spot on a tour with Level 42, playing […]

Seven out of 10 parents opt for cash CTFs

Seven out of 10 parents are opting for a cash-based child trust fund account, says the Building Societies Association. Of the 50,000 CTF accounts that were opened during June, 31,000 were cash as opposed to the stakeholder option. Of the 270,000 CTF accounts that have been opened to date, over 70 per cent of these […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]

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