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L&G video link supports advisers in advance of A-day

Legal & General is launching its next web-based video link aimed at the individual pensions market, encouraging advisers to help clients in advance of A-day.

The second in L&Gs series of video links, Driven to Retirement by Adrian Boulding, will have a viewing audience of over 2,500 pension professionals, and focuses on the how financial advisers can help businesses to free up maximum tax-free cash in advance of A-day.

Legal & General pensions strategy director Adrian Boulding says: “There is a very good reason why clients who started a business several years ago but havent as yet got around to putting any money aside for retirement planning should start a pension scheme now without further delay.

“This is because the rules for tax free cash are going to change in April next year. After 6 April 2006, it will all be simple, and tax free cash will be 2 per cent of the pension fund arising from post April 2006 contributions.”


Our demutual friend

Standard Life chief executive Sandy Crombie sets out the reasons why demutualisation is the best course for the company and how it is setting its sights on two goals this year – maxim-ising the value of the company and crystallising that value to deliver it to members.

Survey shows huge cost of regulation

A survey by Marlborough Stirling has put the cost of mortgage regulation for lenders at 345m. The FSA originally put the one-off cost to lenders at 83m. The survey total was calculated from an average spend of 2.3m.


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