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Scottish Widows news welcomed by IFAs

IFAs have given a broad welcomed the announcement from Lloyds TSB that it intends to take over Scottish Widows.

Informed Choice principal Nick Bamford welcomes the plan suggesting the potential of a £5,000 windfall will provide advisers with investment opportunities.

Best Investment&#39s head of pensions John Turton says the news is good for carpetbagging clients and good for Scottish Widows&#39 financial strength.


Liberal Democrats to stage oppostition to widows pension changes

The Liberal Democrats will this week stage an opposition day debate on widows pensions and benefits, claiming widows are much worse off under this Government than the last.The changes include the replacement of the Serps-based widow&#39s pension with a less generous bereavement allowance which could cost a widow over £19,000 over five years.

Use your discretion

I am 61 years old, widowed with two sons aged 27 and 25. My house is worth about £400,000 and I have further assets of about £550,000, including a large second property. I am worried about my potential IHT liability.While you know your two sons will be more than comfortably off after your death, you […]

Stakeholder to take personal pensions market by storm

Stakeholder pensions are to take the personal pension market by storm, sweeping all before them according to research by KPMG Consulting.KPMG conducted extensive research and used a specifically designed market model to make some shattering predictions.The research and modelling suggests there is likely to be a 40 per cent reduction in the sales of new […]

UK to train Chinese financial regulators

Trade and Industry Secretary Stephen Byers has announced the UK Government is to establish a training programme for financial regulators in China.The move follows on from the recent G7 summit in Cologne which agreed measures to overcome the weaknesses which caused financial crisis in Russia and Asia two years ago.Addressing the Shanghai Chamber of Commerce […]

US equities: opportunities for short sellers expand

Optimism is as American as baseball and apple pie. And since the financial crisis, being optimistic about US equities has paid off: they have outperformed every other major developed market by a comfortable margin. Yet while there remain plenty of good reasons to be optimistic about US equities, Stephen Moore, manager of the Artemis US […]


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