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House price rises are slowing, says report

The Land Registry has revealed annual house price increases are slowing.

Its latest residential property price report covering October to December 2005 shows the average house price in England and Wales was 191,327.

That represents an annual increase of 4.6 per cent, compared to an annual increase of 11.82 per cent for the same period last year.

Sales in England and Wales were up by 12.6 per cent, compared with the same period in 2004. Sales in Greater London increased by 15.01 per cent.


Resolution foundation meets today

The Resolution Foundation is holding its first conference today to discuss its research on access to financial advice for those excluded by poverty. The foundation is chaired by Resolution Insurance chief executive Clive Cowdery, while speakers today include Pensions Minister Stephen Timms, Clive Briault of the FSA, Baroness Sally Greengross and Mick McAteer of Which. […]

Putting the stress on testing

Boston-based Dalbar has a 25-year reputation in the US for stress-testing life companies’ products and services and is lining up a move into the UK to shake up industry service standards.

Ritchie says firms will turn away GPP sales or raise charges

Life offices will have to refuse new group pension business or impose extra charges on small and medium-sized employers if Adair Turner’s NPSS plan gets the go-ahead, warns Scottish Equitable director of pensions development Stewart Ritchie. He says it is inevitable that pension business will take flight into an NPSS scheme, leaving life offices with […]

‘Scotland ready to repel invasion of rogue claim-chasers’

Claim-chasers could be regulated in Scotland if the authorities find any evidence of abuses or shoddy practices. The Scottish Executive has confirmed it is monitoring developments and will take action if necessary. Concerns were raised by Lord Hunt of the Wirral in Money Marketing last week that claim management firms could move to Scotland to […]


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