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Election date confirmed

Tony Blair has confirmed the next general election will be held on June 7. Parliament will be dissolved on Monday Both main parties put increasing emphasis on public/private solutions for financial services. The Conservatives are giving long-term care a high profile following announce-ments last week and a plan to abolish tax on savings for low and moderate earners. The Tories are also promising reform of compulsory annuity purchase at 75.

Labour will focus on the future needs of the young, with proposals for a trust fund for all children. The LibDems promise a simplified state pension with a compulsory private component.

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Financial Services Forum appoints board members

The Financial Services Forum, a trade body for financial services marketing practitioners, is appointing five new senior marketing professionals to its advisory board. The new board members are Goldman Sachs marketing director Annie Coleman, Axa marketing director Frank Wilson, Abbey National retail e-commerce and strategy director, Goldfish marketing director Justin Henderson and Munich Re deputy […]

Five year fixed Next in buy-to-let queue

Mortgage Next has joined forces with Mortgage Express to offer a buy to let five-year fixed rate mortgage.The mortgage is available for loans of up to 80 per cent of valuation and is fixed at 6.35 per cent until June 3, 2006. An unlimited number of properties can be bought, within a total advance of […]

The Daley Update

Sterling has added eight fund links to its Isa, bringing the total number of funds available to 64 from 17 invest ment houses. The new funds are Artemis&#39s UK growth, income and UK smaller companies funds, Fidelity&#39s managed international, special situations and Wealthbuilder funds, Framlington&#39s health fund and Henderson&#39s independent growth portfolio. International Asset Management […]

Test series

As I began to explain last week, the new Enterprise Management Incentives scheme is designed to be a flexible share option scheme with few administrative requirements. Unlike with other share option schemes, the Inland Revenue does not intend to publish any model scheme rules. The original limit on the number of employees participating in an […]

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