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Help the Aged director general calls for an end to pension means testing

Help The Aged director general Michael Lake calls for means testing for pensioners to be scrapped because it discriminates against the 20 per cent of pensioners “living in real poverty”. He also wants the state pension raised to a level accessible for more of the elderly.

The call came today at the Liberal Democrat&#39s annual conference in Brighton.


What&#39s so professional about fees?

I came to page 13 of the September 11 edition of Money Marketing and the angels sang and heavenly light poured out as I read the article about fees and commission – Professionals prefer impartial fee-based advice.What is wrong with these people? First, the implication is that we thousands of honest and hard-working IFAs who […]

Key Facts too much of a burden says Widows

The new FSA disclosure regime in CP170 will lead to an excessive focus on cost at the expense of performance and other product features, warns Scottish Widows head of marketing Ian Naismith. Speaking at Money Marketing Live in Manchester today Naismith said the proposed key facts documents, which will replace key features documents, will not […]

Loan star raises more interest than pop star

No one was more confused at Imla&#39s annual dinner than the guest speaker, impressionist Alistair McGowan. When invited to make requests, the assembled mortgage luminaries asked for Michael Bolton – the one from Chester, that is.McGowan looked bemused, wondering whether he had just received some bizarre challenge. It would seem that, so far, the fame […]

Lloyds TSB response to FSA

In response to the £1.9m fine Lloyds TSB group has issued a statement saying it has taken measures to tackle the problem. It added: &#34We recognise that while the product (Extra Income Growth Plan) was appropriate for some investors it did not provide staff with sufficiently in depth training on how much of a customer&#39s […]

Large-cap growth alpha thesis: seeking risk-adjusted excess returns

Content supplied by Loomis, Sayles & Company — an affiliate of Natixis Global Asset Management For mutual fund investors and managers of large pensions or endowments, a major challenge is to identify those portfolio managers who are most likely to deliver superior risk-adjusted returns in the future. Understanding how an investment philosophy informs a manager’s decision […]


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