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T Bailey fund…

T Bailey fund manager Jason Britton went back to school recently giving pupils lessons on how to look after their money wisely. Britton avoided the temptation to tell the kids to lump into T Bailey funds, avoiding the wrath of the FSA, but he could yet fall foul of the Jamie Oliver Authority after reportedly handing out sweets at the end of the session.

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threesixty publishes wrap guide

threesixty has produced a new guide to wraps to help IFAs assess which platforms to choose. The guide is broken down into sections dealing with how wraps can benefit intermediarie, how wraps can benefit clients, common pitfalls to avoid when using wraps, how to position wrap with your clients, including questions around independence and the […]

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Is the FSA doing enough to clamp down on PPI misselling?Yes 45%No 55%Yes “Hopefully it is but you can never be sure. We tend to sell a lot of protection on most of the mortgages we do.”Glenn Malcolm, IFA Financial Services No “I do a lot of mortgages and I do not have a high […]

Lehman hires former RBS stalwart Kaszczak

Lehman Brothers has appointed former RBS stalwart Louis Kaszczak as its intermediary business development executive. Kaszczak, who quit as head of corporate distribution at RBS Intermediary Partners last October, will work across Lehman’s three mortgage brands London Mortgage Company, South Pacific Mortgage Limited and Preferred. Lehman chief executive Simon Hinshelwood says: “I would like to […]

Union to fight WH Smith over final-salary closure

WH Smith’s plans to close its final-salary pension scheme for future accrual have angered trade unions.Around 1,800 shop and office staff will be transferred into the money-purchase scheme along with 700 distribution workers at Smiths News, formerly part of WH Smith Group.The two firms have written to employees proposing the changes and pledged to honour […]

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Auto-enrolment — don’t leave it too late…

With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.

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