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Price cap move is delayed

The Treasury is believed to have postponed for two weeks the announcement of its decision on raising the 1 per cent stakeholder price cap. The decision, which is thought to have been made, will now be unveiled in two weeks time when Parliament reconvenes.


Fidelity to enter CTF market

Fidelity will enter the child trust fund market as soon as the scheme is launched next year. The group says it will launch both a CTF which meets the Government&#39s stakeholder requirements and one which will go beyond these specifications through supermarket FundsNetwork. Parents will have the choice of 900 funds from 55 providers, all […]

&#39Pensions Bill will discourage saving&#39

The Association of Consulting Actuaries is warning that the Government&#39s proposals to encourage occupational pensions are more likely to discourage provision and add to employers&#39 costs. An ACA survey found that of the 459 responses from smaller firms, only 8 per cent said the Pensions Bill would increase occupational pension schemes in individual businesses. The […]

Abbey for Intermediaries urges caution on S32s

Extreme care is needed when selecting Section 32 contracts to preserve tax-free cash entitlement in the run up to 6 April 2006 says Abbey for intermediaries. Unless the individual has opted for protection against the lifetime allowance charge, and their tax-free cash entitlement at A-day exceeds £375,000, the protection for the tax-free cash entitlement is […]

Holden Meehan urges quick deal

Charcol Holden Meehan director Amanda Davidson says the high-networth IFA has never been part of Bradford & Bingley&#39s core business activities. She has urged Bradford & Bingley to find a buyer as soon as possible so as to keep any period of disruption at the London IFA to a minimum. Davidson says she is surprised […]


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