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Tories pledge to extend Right to Buy

Prime Minister David Cameron will announce today that a Conservative government would extend the Right to Buy programme to 1.3m housing association tenants. Some 500,000 housing association tenants can currently purchase their homes under the existing “Right to Acquire” scheme. The Conservatives would also raise the discount offered to housing association tenants to match the […]

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Standard Life warns advisers over ‘sophisticated’ email scams

Standard Life has warned advisers they may be liable for losses if they accept instructions from “sophisticated” scammers who hack into clients’ email accounts. In an email to advisers last week, Standard Life said hacking scams that resulted in money being taken from the provider’s products last year were continuing. But it said the “language, grammar […]

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Labour election win could block cash for annuity plan

Pensioners who want to swap their annuities for cash or drawdown under the Coalition’s plan could find a Labour government blocking their plans, Money Marketing understands. Chancellor George Osborne launched a consultation on creating a secondary annuity market as part of his March Budget, and claimed the reform would allow around five million people to […]

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