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Duncan-Smith announces Shadow Cabinet

Conservative Party leader Iain Duncan-Smith has unveiled his shadow cabinet, with Michael Howard as Shadow Chancellor.

David Willetts is the new Shadow Secretary for Work and Pensions, rising star John Bercow becomes Shadow Chief Secretary to the Treasury and John Whittingdale is the new Shadow Trade and Industry Secretary.

Further positions are expected to be announced shortly.


Proof of pudding is consistency

Is it time to change the script that says software is centre stage in the research process and that the curtain should be drawn on product panels?Over the last two weeks, I have concentrated on the necessary depth of product and provider research behind the IFA proposition. I have also suggested an approach to research […]

Equitable compromise deal announced

Equitable Life’s guaranteed annuity rate holders are being offered an average 17.5 per cent uplift and non-gar holders a 2.5 per cent increase as part of the compromise deal published today.In accepting the uplifts, gar holders would give up their guarantee and non-gars would give up mis-selling claims.The gar uplift had been expected at around […]

Pru set to integrate Scottish Amicable

Scottish Amicable&#39s days as a separate company are numbered following a major overhaul of Prudential&#39s business divisions and top-level staff.As revealed in Money Marketing in August, Pru is being restructured under new boss Mark Wood. ScotAm will no longer be a stand-alone business and will become fully integrated within Pru. Pru bought ScotAm in March […]


AMP appoints head of acquisitions

AMP has chosen director of finance Philip Moore to be head of mergers and acquisitions, with the role of researching global opportunities for expanding the business. He will be responsible for the execution of all major acquisitions and disposals of assets. Moore will retain his responsibilities as corporate director of finance, a position he has […]

CGT entrepreneurs' relief

Entrepreneurs’ relief is due, subject to meeting certain conditions, in respect of capital gains arising on ‘material disposals of business assets’. These ‘business assets’ include: Read more


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