Watford MP Richard Harrington has been appointed as a replacement for pensions minister Ros Altmann. His official title is parliamentary under secretary of state at the Department for Work and Pensions. However, a DWP spokesman confirms he will be known as the pensions minister. It is not yet clear whether his brief will differ from […]
Last week, while millions of UK citizens decided whether they wish to remain in or leave the EU, I was taking part in one of the most important pilgrimages in the scootering calendar: the Euro Lambretta rally in Germany. More than 1000 Lambrettas and their owners met in Geiselwind, Bavaria, to talk about their scooters and […]
St James’s Place has decided to increase its interim dividend payout by 15 per cent despite a Financial Services Compensation Scheme levy of £17m. The interim dividend for 2016 will be 12.33p, paid on 30 September. SJP says its FSCS levy has hit “all profit measures”, but expects the levy to “return to a more […]
Nest chair Otto Thoresen responds to concerns over the Government’s proposals for expanding Nest. Other providers are saying this is an example of mission creep, is this fair? No. Nest was set up in a world where most of our members were compelled to annuitize and we had a retirement journey in place which reflected […]
A report from the Centre for the Modern Family out last week presents some interesting — and perhaps rather worrying — findings.
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