View more on these topics

High Court date for Windfall test case

The windfall shares test case to decide whether demutualisation shares and

benefits should be taken into account when calculating loss in the pension

review is being heard next week. The Needler Financial Services Limited

Taber case is expected to start on July 16 for three days at the High Court

at the Royal Courts of Justice in London. The misselling involved Needler

advising Mr Taber to transfer his deferred occupational pension to a

personal pension plan with Norwich Union in 1990.

Recommended

Premier Asset Management – C-lect Cautious Portfolio

Thursday, 12 July 2001.Type: Oeic.Aim: Growth by investing in zero-dividend preference shares.Minimum investment: £1,000.Investment split: 100 per cent in zero-dividend preference shares.Isa link: Yes.Pep transfers: Yes.Charges: Initial 5 per cent, annual 1.25 per cent.Commission: Initial 3 per cent, renewal 0.5 per cent.Tel: 01483 306090.

DWP medic chief opens dialogue

The new Department of Work and Pensions&#39 chief medical adviser says theDWP is looking forward to co-operating with the insurance industry over thedesign of protection products. Mansel Ayward says the Government wants to have an open dialogue onprotection plan development. The comments have been welcomed by the industry which accused the DSS ofnot listening over […]

BCAM constructs property investment trust

BC Asset Management&#39s property income and growth fund is a split-capitalinvestment trust that invests in commercial property. It consists ofordinary shares, zero-dividend preference shares and bank debt. The aim is to provide ordinary shareholders with a high level of monthlyincome and other shareholders with a predetermined capital return on May31, 2009. The backbone of the […]

Men more aware of stakeholder than women, survey says

New research by Barclays and Legal & General reveals awareness of stakeholder pensions is much higher than average among men as opposed to women and those in full-time, as opposed to part-time work.The overall awareness of stakeholder pensions among consumers stands at 47 per cent but Legal & General pensions strategy director Adrian Boulding says: […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment