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MEP warns Hoban on Europe-bashing

Labour MEP for the South-east Peter Skinner has criticised Treasury financial secretary Mark Hoban’s use of rhetoric after he called on the industry to help “kill dead” the mortgage credit directive.

Hoban made the call for the industry to lobby Europe at a recent Cicero Consulting event in London.

Skinner says ministers need to be careful because it is easy to lose influence in Europe. He says: “My advice to Mark Hoban and others is play the game properly. If you want to take a haymaker-type swing at Europe for political reasons and then come to Brussels and convince
people this is the way it should be done, then I am afraid most people here will be quite against that. You do not want to start playing the antagonistic game and say you are here to sweep all the changes aside without necessarily having the friends around you that you need.”


Dorset police swoop

Dorset police have arrested a man suspected of running an unauthorised collective investment scheme. The FSA executed search warrants on two premises in Poole. No one has been charged at this stage in connection with the FSA’s investigation.

MPC far from calling for more QE, says Tucker

Bank of England deputy governor Paul Tucker has told MPs the Monetary Policy Committee is a long way from calling for extra stimulus for the economy. Minutes from the June meeting of the MPC show the committee was split 7-2 in favour of keeping base rate at 0.5 per cent after Ben Broadbent replaced Andrew […]


Reid: Charging 3% plus 0.5% ongoing will not work

After sitting for what seemed like hours on end, the generic advice standards steering group arrived at one significant consensus – that the right to define any service as advice rests with the consumer, not the provider. The launch of the Money Advice Service should be welcomed by all of us if it achieves its […]

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Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them


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