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He’s not fit to be PM, says poll

Ninety two per cent of respondents in a Money Marketing poll say the Chancellor is unfit to be the next Prime Minister following the revelations about his tax raid on pensions.

The damning results echo heightened criticisms of Gordon Brown’s character after he has been pilloried by ex-Cabinet colleagues and former civil service head Lord Turnbull.

Conservative Shadow pensions minister Nigel Waterson says: “Any reputation Gordon Brown had for economic prudence is in tatters. This shows Brown is not only a Stalinist but an incompetent Stalinist.”

The CBI has also left the Chancellor isolated, with former chief Lord Turner, architect of the NPSS pension reforms, denying the Treasury’s claims that the CBI called for the abolition of advance corporation tax relief on dividends in pension funds.

Informed Choice managing director Nick Bamford says: “I did not believe he was fit to be Prime Minister before and I certainly do not now. Because this was such a technical tax, people did not notice it and Brown knew this. This is a typical example of sleight of hand.”


Kearney makes move

Former Artemis fund of funds manager Aidan Kearney is to be reunited with former colleague Rob Bowie at Credit Suisse Asset management after being appointed co-head of the UK multi-manager team.Kearney previously headed the 134m Artemis fund of funds range which was bought by CSAM back in April 2005.He left at the time to join […]

Capable hands

Financial capability looks set to build up a head of steam this year now that the Treasury has set out its long-term approach and plans to achieve “the vision of more financially capable consumers.”


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