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TPAS appoints Nest exec as chairman

The Department for Work and Pensions has appointed Museji Ahmed Takolia as chair of The Pensions Advisory Service. Takolia, who will serve a four-year term and replaces Geoff Shanks, is also chair of Government auto-enrolment scheme Nest’s member panel. TPAS provides pensions guidance over the phone and also delivers the Pension Wise service. Pensions minister Ros […]

HMRC offers settlement deal on film partnership schemes

HM Revenue & Customs has written to film finance schemes offering a deal to settle long-running tax disputes which could raise hundreds of millions of pounds. The Financial Times reports HMRC’s counter-avoidance unit wrote to film partnerships last month following a Tribunal ruling last year against film partnership schemes Proteus 1 and Samarkand 3. The […]

Alliance Trust hires former Morgan Grenfell chief as chair

Former Morgan Grenfell Asset Management chief Robert Smith has been appointed chairman of the Alliance Trust board. Subject to regulatory approval, Smith will replace Alliance Trust director Karin Forseke who stepped down as chair of the investment trust’s board in November. Smith will take up the role from 1 February. Gregor Stewart will become deputy chairman of the […]

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Aegon cuts sales jobs in platform push

Aegon is to cut its salesforce from around 100 roles to 70 as part of a shift towards its platform business, Money Marketing understands. Sales staff were called into a meeting yesterday where it is understood the insurer announced around 30 roles would be lost as a result of moving resources away from its legacy […]

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