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Neil Woodford Peach
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Neil Woodford: The state of the Union

For all the talk of hung parliaments, horse trading and coalitions, the result of the general election came as a surprise to many – including us. The polls had consistently predicted a close result and so very few commentators (probably none) had expected such a strong performance from the Conservatives on the night. A Conservative […]

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Labour renews Tory tax avoidance attacks

Labour leader Ed Miliband is seeking to return tax avoidance and non-dom rules to the spotlight just days before the election. Speaking today in Pendle, Lancashire, Miliband will claim that “there is no bigger symbol” of the failures of the coalition Government than tax avoidance, and renew his pledge to ban non-dom status for those […]

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Joanne Smith: Don’t let poor performance management lead to misselling

Despite recent industry improvements on staff incentives in a bid to reduce misselling, wider performance management techniques have been found to negatively influence the behaviour of frontline staff. The FCA has been clear in its stance that firms that offer staff incentives or use ‘pushy’ performance management techniques to drive sales are not operating in […]

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Drawdown boosts Pru sales but new business profits down

Sales in Prudential’s UK business are up 8 per cent year-on-year as bonds, personal pensions and drawdown products offset the loss of annuities, the firm’s quarterly results show. UK retail sales, on an annual premium equivalent basis, hit £169m in the three months to March, compared to £157m to the same quarter last year, a […]

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.

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