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Stamp duty abolished up to £150,000 in deprived areas

The Chancellor of the Exchequer Gordon Brown has announced the abolition of stamp duty on houses worth less than £150,000 in deprived areas in his pre Budget report. Prior t the announcement stamp duty was payable on sales of all houses over £60,000.

The move, seen as a bid to shore up the housing market, will take effect from Friday this week.


Pass continues Review services for IFAs

IFA services firm Pension Advisers Support System has announced it will continue to offer its range of services to IFAs for the Pensions and FSAVC reviews through 2002.Pass offers assistance to IFAs in dealing with the reviews such as advice and loans to cover compensation claims. Since its founding in 1998, it has received 500 […]

Flexible adviser remuneration

Ivor Harper&#39s proposal on how to overcome the fees/ commission debate was an excellent idea.Mr Harper&#39s proposal outlined that contracts should be written totally free of commission “loadings” and that any fee should be agreed between the adviser and the client.This fee could either be paid there and then by the client or deducted from […]

Bupa appoints doctor to business relationship post

Bupa has announced it is appointing Dr Natalie-Jane Macdonald to its newly created post of medical and heath care purchasing director responsible for clinical leadership in the PMI provider&#39s insurance business.Macdonald was previously head of health care policy and development and will now work on developing business relationships with hospitals and medical consultants.

Jupiter boosts multi-manager credentials

Jupiter propelled itself into the top flight of multi-manager providers last week as it acquired the independent managed funds business of Lazard Asset Management.The deal, for an undisclosed sum, will bring an extra £250m of assets to the group and will reunite Jupiter&#39s funds of funds team, led by John Chatfeild-Roberts, with the funds they […]


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