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New chairman for NAPF announced

Terry Faulkner will be the next chairman of the National Association of Pension Funds, taking over from Peter Thompson who steps down next May.

Faulkner is currently chairman of the NAPF benefits council, a director of the NAPF and a trustee of the NAPF pension scheme. He is also group pensions and benefits manager of Rexam PLC.

Faulkner says: “The NAPF will play a central role in the ongoing debate over pensions and I will look forward to working with the Association&#39s members and staff in driving this debate forward.”


&#39Get an IFA&#39s advice when marriage is all shook up&#39

The carve-up of marital assets that is likely to follow actor Nicholas Cage&#39s divorce from Lisa Marie Presley should remind couples in similar circumstances of the need to seek expert advice, says Bradford & Bingley.B&B says high-profile celebrity separations, including the ending of singer Jennifer Lopez&#39s marriage to Cris Judd after only eight months, should […]

Cater Allen move set to drive out small accounts

IFAs are having to tell clients they are no longer rich enough to benefit from private bank accounts with Cater Allen, after the firm scrapped interest payments on balances below £5,000.The move has been called unfair and harsh by advisers. It follows a decision by the bank that it needs to encourage the right type […]

L&G launch medical underwriting course with university

Legal & General has teamed up with Cardiff University to roll out a new medical underwriting course.The 20-week course, which has been organised by Professor Mansel Aylward and Professor Peter Halligan, will provide 60 hours of customised lecture presentations and workshops for new and experienced underwriters.L&G says lectures will be given by leading internationally recognised […]

Misrepresentation of agent status

My biggest concern about depolarisation, and the one about which nobody seems to be talking, is that of misrepresentation of status.I still do not understand the basis on which the FSA can argue that blurring the line of demarcation between tied agents and IFAs will be beneficial for consumers.It seems blatantly obvious that multi-tied agents […]


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