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IFAs are urged to offer no-win, no-fee deal for women&#39s claims

IFA and training specialist Professional Briefing is offering a no-win, no-fee service to tens of thousands of female part-timer workers wrongly deprived of pension benefits by their employers.

The move follows the House of Lords&#39 ruling in February which agreed with the European Court of Justice on the case of Preston v Wolverhampton which had ruled that pension claims for part-time workers could be backdated to 1976.

Professional Briefing managing director Keith Popplewell believes the case could open up a potential new income stream for IFAs stemming back to 1990, when the European Court of Justice ruled the exclusion of part-time staff from pension schemes discriminated against women.

He says the House of Lords&#39 ruling means there is no excuse for pension schemes to delay a flood of legitimate claims for tens of thousands of cases.

Popplewell&#39s firm is charging £250 per part-time claimant to act on their behalf in negotiations with their firms to secure backdated pension rights to their date of joining the employer or 1976, whichever is earlier. He will return the fee if the claim is unsuccessful.

He is urging IFAs to follow his lead and offer service on the same basis.

“There is some valuable bulk fee-based business to be done here. Certain trade unions have gathered together over 60,000 claimants, most of which should now prove successful,” says Popplewell.


M&E&#39s Darlington moves to DBS

IFA network DBS has appointed Julie Darlington, 31, as product and provider executive. She joins from the M&E network where she was involved in research and technology. Darlington becomes part of DBS&#39s products and marketing team of eight people headed up by Jackie Ison who joined from Halifax last year. Darlington&#39s main responsibility will be […]

Opra will blow the whistle to the FSA

IFAs are to be targeted by new Opra procedures for reporting firms which misinform pension scheme trustees to the FSA. The move comes as pension experts predict that Opra is likely to rely on whistle-blowing by employees to police stakeholder compliance. In Opra correspondence seen by Money Marketing, the regulator highlights that if it encounters […]

Scarborough hits base

Scarborough Building Society has designed a flexible base rate tracker mortgage that equals the Bank of England base rate for the first six months.The mortgage is available on loans of up to 95 per cent of valuation. There are no arrangement fees and no redemption penalties for borrowers who redeem the mortgages.Overpayments, underpayments and payment […]

Britannia lowers mortgage rates for loyal clients

Britannia is introducing lower mortgage rates for loyal borrowers. Borrowers who have had their current mortgage for 10 years or more will pay a standard variable rate of 6.59 per cent and five-year borrowers will pay 6.79 per cent. The standard variable rate for borrowers still in their first five years is now 6.99 per […]

Spring has sprung

Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief.  Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place.  And that got me to thinking […]


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