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Ros Altmann confirmed as pensions minister

Prime minister David Cameron has confirmed Ros Altmann is to be pensions minister, days after she told Money Marketing she had turned down the role. Prior to the election Altmann said she would be minister responsible for consumer protection and education. She said she did not want to be pensions minister because she thought she […]

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Danby Bloch: A warning on IHT and pensions

The tax position of pension scheme death benefits now looks very attractive and advisers are understandably getting more excited about the planning possibilities. There is much talk of an estate planning revolution, with wealth cascading down the generations. However, a fully paid-up member of the awkward squad might ask: how confident are we this benign […]

Ukip economics spokesman Patrick O’Flynn resigns

Ukip economics spokesman Patrick O’Flynn has stepped down after admitting he should not have attacked Nigel Farage in the aftermath of the election. Farage quit as Ukip leader directly after the election, only to return three days later, bringing criticism from within his own party. At the time O’Flynn described Farage as “snarling, thin-skinned and aggressive”. […]

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Pensions minister Ros Altmann lays out priorities

New pensions minister Ros Altmann has outlined her priorities in her first public statement since entering Government. Altmann says her key focuses will be the state pension, auto-enrolment and safeguarding pension freedoms. She says: “As our population ages, it is more important than ever to help, encourage and empower people to plan and prepare for […]

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A nudge in the right direction

Ross Jackson, Senior Protection Marketing Manager, Royal London  In July, we piloted sending protection plan statements to a small group of our customers. Whilst this in itself is not exactly ground-breaking stuff, as an industry we’re perhaps more used to engaging with advisers than directly with our customers. Because of this lack of communication, do consumers […]

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