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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.

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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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