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Howard takes over chair for panel

John Howard is to take over as chairman of the financial services consumer panel from October, replacing Ann Foster who has been chair since 2003. Howard is a journalist, broadcaster and solicitor. He has been a member of the panel for four years.

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Revenue and rethink on Peps and Isas

HM Revenue & Customs has changed its policy regarding monies incorrectly removed from Peps and Isas after lobbying from the Pep and Isa Managers Association. Managers who make these errors can now reinstate the money as long as they gain clearance from the HMRC audit unit beforehand. Previously this was only allowed in specifically defined […]

Why does the FSA fear recording?

The FSA does a field visit on an IFA in whose offices is a prominently displayed sign stating that conversations may be recorded. The regulator must surely be aware that IFAs hold it and its staff in rather less than the highest regard. Without specifically informing the FSA field officers, which was probably a little […]

World is Murray’s high-yield oyster

Murray international investment trust’s strategy of increasingly looking worldwide for dividend growth has helped it outperform its benchmark. The trust had a net asset value total return of 9.4 per cent over the half year to June 30, beating the 7.6 per cent returned by its composite benchmark of 40 per cent FTSE World UK […]

Parental leave and pensions

Fiona Hanrahan  – Senior Product Insight and Technical Support Analyst We are often asked how parental leave impacts workplace pension schemes in terms of funding in general, auto enrolment and salary exchange. This article will explain each of these. How does parental leave impact the funding of workplace pension schemes? A member of a defined […]

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