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Honor Blackman takes up Equitable cause

Actress Honor Blackman has called for an interim payment to 44,000 of the oldest victims of the collapse of Equitable Life.

Blackman accused the Government of “dragging its feet” over the debacle, as it is now over a year and a half after the Parliamentary Ombudsman called for compensation, but nothing has yet been paid out to policyholders.

The Telegraph reports that Blackman backed the Equitable Members Action Group in calling on the Treasury to pay out £4,400 per policyholder in an interim pay-out.


KPMG gets time for Lifemark plan

The Luxemburg regulator has given KPMG Advisory six more months to develop a restructuring plan for Lifemark. Over 20,000 Keydata plans were invested with the investment vehicle.

Back and beyond

As absolute return funds hit a sweet spot, Chris Salih wonders if the funds are back for good this time

CML forecasts repo rise continuing for years

The Council of Mortgage Lenders is predicting “a bulge” in repossessions lasting for the next few years rather than a one-off spike. It expects repossessions to rise from 46,000 to 53,000 this year. The CML says patterns in the early 1990s suggest the market will endure a slow recovery. Repossession figures for 2009 were up […]

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Guide: Johnson Fleming produces auto-enrolment checklist

For a job as big as managing the auto-enrolment changes, it’s important to know what has been completed and what still lies in front of you to give you the reassurance that everything is in hand. Getting the planning and project management right at the outset can help you see the path ahead and ensure everyone knows their roles and responsibilities. To help with this, Johnson Fleming has produced a checklist outlining every step that needs to be taken when preparing for auto-enrolment.


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