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Shadow pensions minister arrested after allegedly assaulting his children

Shadow minister for work and pensions Nigel Waterson was arrested after allegedly assaulting his teenage son and daughter.

The MP for Eastbourne was detained by the Metropolitan police in Bromley, Kent, just before midnight on Sunday. Waterson is believed to have been held in custody overnight and released on bail yesterday morning.

A police spokesman said a 58-year-old man was released on police bail to return to a south London police station in early March pending further enquiries. He stressed the allegations were not of a sexual nature.


MPs want Bank to take lead role over the FSA

MPs have attacked the FSA for failing to properly supervise Northern Rock and have proposed a new office within the Bank of England to look after financial stability.The Treasury select committee report into the Northern Rock debacle calls on the FSA to undertake an “urgent review” of the qualifications of senior directors in financial firms. […]

Heirs apparent

Inheritance tax is an issue which rankles with many people and more IHT-mitigation products are coming on to the market.

MPs back pay rise of 1.9%

MPs have accepted a below-inflation pay rise of 1.9 per cent after pressure from Government and Opposition leaders.As the decision to accept a lower raise was backed by both the Tories and Liberal Democrats, it was approved by the House of Commons without a vote.A report from the SEnior salaries review body recommended an increase […]

Death of brokers’ champion Andrew Paddick

Andrew Paddick, director general of the Institute of Insurance Brokers, died suddenly last week.Paddick was a founder member of the British Insurance Brokers’ Association before setting up the IIB in 1987.The combative industry stalwart will be remembered for his forthright lobbying of the Government and regulators. He railed against the proposed mandatory membership of the […]

Generation Rent

By Denise Wond, marketing manager We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be. Homeownership is at its lowest point in 30 years, […]


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