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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.

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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

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