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There was much speculation before this year&#39s Pre-Budget Report as to likely areas of change. Few of the highly tipped areas materialised.

There was still however an enormous weight of material to consider. All of this can be accessed through our Pre-Budget Report bulletin of yesterday giving access to Inland Revenue and HM Treasury publications and releases.

Our approach in this analysis will be to focus on the issues/proposals that we believe will be of relevance to financial services practitioners and product providers. By taking this approach we will exclude comment on macroeconomic and non-financial services/financial services client-related issues.

These reports are provided strictly for general consideration only. No action must be taken or refrained from based on the content hereof alone. Professional advice must always be sought and as a consequence neither Techlink Interactive, Technical Connection nor any of their directors, employees, partners or consultants can accept any liability for any loss occasioned as a result of any such action or inaction.


Term laundering regulations just won&#39t wash

Open letter to Skandia Life marketing manager Lynda Cox I write with regard to your statements (Money Marketing November 8) in connection with the money laundering regulations for term insurance.I put it to you that money laundering for term insurance is nothing short of ridiculous.Occasionally, term insurance is used in connection with a large property […]

&#39Raising awareness will be an all-round task&#39

Tackling low financial awareness is a long-term task which demands a concerted effort from financial advisers, the Government and other parties, says the FSA.Its warning follows last week&#39s publication of a report by the National Association of Citizens&#39 Advice Bureaux which highlights the impact of financial literacy on individuals&#39 financial security.In the wake of the […]

NDF Administration – Extra Income and Growth Plan 9

Friday, November 30, 2001.Type: Guaranteed equity bond.Aim: Growth and income linked to the Eurostoxx 50 index.Minimum-maximum investment: £10,000-£1m, Isa minimum£7,000.Term: Three years and two months.Guarantee: Capital returned in full at end of term provided index doesnot fall by more than 20 per cent.Return: 10.25 per cent a year, 2.35 per cent a quarter or 34 […]

&#39Disastrous&#39 new loan figures for Nationwide

Mortgage brokers have branded Nationwide&#39s interim results “disastrous” after the society admitted that its share of the new mortgage market has collapsed since April.Nationwide took only 0.2 per cent of the new mortgage market – from 9.1 per cent in the six months to October – after dropping discount loans from its range in February […]


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