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Flight promoted in reshuffle

Conservative shadow paymaster general Howard Flight was promoted in yesterday&#39s cabinet reshuffle carried out by Iain Duncan Smith.

Flight, long seen as a champion of the IFA sector, is to become shadow Chancellor Michael Howard&#39s deputy on the front benches as shadow chief secretary.

He will shadow Paul Boateng on the Government benches.

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Inter-Alliance software offered to the market

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&#39£1m stakeholder lottery could boost pension savings&#39

The Government should introduce a stakeholder lottery paying out £1m a month to encourage low and middle-earners to save through a pension, according to a senior economic adviser to the Government.Dr Ros Altmann says stakeholder has failed to penetrate its target market and the Government needs to take drastic action to increase its take-up.But she […]

Scottish Widows gets flexible with-profits

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