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Nicholas Goodison appointed chairman of annuity reform campaign

Nicholas Goodison has been appointed chairman of the Retirement Income Reform Campaign, the pressure group founded in 1999 to seek reform of the rules compelling pensioners to buy an annuity at 75.

Goodison was chairman of the Stock Exchange from 1976 to 1988. He was also chairman of TSB Group from 1989 to 1995, becoming deputy chairman of Lloyd&#39s TSB Group, a position he held until 2000.

Campaign director Dr Oonagh McDonald says: “Nicholas will provide invaluable leadership for a campaign that already enjoys considerable financial and moral support from a number of City institutions and politicians from all parties.”


Scottish Widows – Global Isa

Thursday, 15th February 2001.Type: Unit trust mini or maxi Isa.Aim: Growth by investing in the Scottish Widows global trust.Minimum investment: Lump sum £1,000, monthly £50.Maximum investment: £7,000.Catmarked: No.Investment choice: 100 per cent in Scottish Widows global trust.Charges: Initial 5 per cent, annual 1.25 per cent.Commission: Initial 3 per cent, renewal 0.5 per cent.Tel: 0845 8450022.

Pension tension

We are very definitely in the final run-up to stakeholder. The pension sheepdogs are doing their bit on TV, part of the Government&#39s £6.5m campaign to raise public awareness, and commentators in various publications are enthusing about the future for the pensions in the brave new world. But there are some who will admit that […]

DBS cancels conference in Prague as firms slam cost

DBS has cancelled plans to hold its annual conference in Prague amid uproar from members about the cost of the event. The network says the conference was cancelled because it wants to reach more of its members as the event had only 150 places. It will instead run business conferences across the country to involve […]

Old Mutual – UK Select Smaller Companies Fund

Friday, 16th February 2001.Aim: Growth by investing in companies with market capitalisation of below £1 billion.Minimum investment: Lump sum £1,000 monthly £50.Investment split: 100 per cent in companies with market capitalisation of below £1 billion.Isa link: Yes.Pep transfers: Yes.Charges: Initial 4 per cent, annual 1.5 per cent.Commission: Initial 3 per cent, renewal 0.5 per cent.Tel: […]

Creating opportunity out of change

By Denise Wond, marketing manager The buy-to-let market has recently been the subject of a raft of tax changes, all of which make it a less profitable and less appealing proposition for investors. In response, we’ve seen a dip in demand for BTL mortgages and that’s bad news for many advisers who will now be looking […]


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