John Hutton has been confirmed as the new Secretary of State for Work and Pensions, taking over from David Blunkett who resigned this morning.
Hutton joined the Cabinet in May as Cabinet Office minister and was previously junior Health minister.
He is seen as a Blairite who will look to push forward the Prime Ministers third term reforms in incapacity benefit and pensions.
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RICS says Sipp rush has been exaggerated
Property Sipps are likely to boost regional hotspots but will have little impact on most of the market, claims a report from the Royal Institution of Chartered Surveyors. It forecasts a steady flow rather than a rush of property into Sipps. Up to 160,000 extra residential property purchases may be made over three years after […]
HSBC Bank International – Hong Kong Growth Fund– CSGF 21
HSBC Bank International
Hong Kong Growth Fund– CSGF 21
Skandia Investment Management – Ethical Fund
Skandia Investment Management
Ethical Fund
Hot Topix from Jupiter
Jupiter Asset Management has established the Jupiter Japan Income fund, a unit trust that will aim for income and growth by investing in Japanese equities.
Artemis Investments – Global markets: opportunities for stock-pickers
With volatility set to continue, Peter Saacke, manager of the Artemis Global Growth Fund, thinks stock-specific opportunities are on the rise.
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Sign up Pensions regulator to share DB transfer intelligence with FCA
The Pensions Regulator has agreed to share market intelligence on defined benefit transfers on a regular basis with the FCA and The Pensions Advisory Service so trustees can ensure members fully understand the risks involved. In a new formal agreement, TPR will share its reports on DB market intelligence roughly every two weeks with the […]
Advice in the regions: Why serving the silver generation works in the North East
Advisers explain how out-of-town offices are preferable to city centres and why the retirement market is key It is easy for outsiders to make assumptions about the North East based on the so-called North/South divide. While acknowledging the real challenges in this part of the UK, local advisers are keen to highlight the positives that […]
Are top-fund lists worth looking at?
Advisers are questioning the value that best-buy fund lists have after Hargreaves Lansdown’s opinion-splitting decision to reform its flagship Wealth 150. According to a recent report from consultancy Platforum, 61 per cent of advisers use the services of fund research agencies, while an increasing number of providers and fund supermarkets are launching lists of the […]
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