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Tories plan pensions attack in Commons today

The Tories plan to take the Government to task for its confused pensions policy in a Opposition day debate in the Commons this afternoon.

Shadow Social Security Secretary Iain Duncan Smith will hit out at the disagreements between the Treasury and Department of Social Security over stakeholder.

They will also crank up their attack on the abolition of advance corporation tax credits in Gordon Brown&#39s first budget which they say is tantamount to successive rises of 2p, 3p and 4p on income tax between 1997 and 1999.


Hargreaves calls on investors to delay ISA decision until May

Investment IFA Hargreaves Lansdown is advising clients to put off investing in an ISA until at least one month after the official April 6 launch date.It says it has watched with &#34abhorrence&#34 the attempts to lure investors into a commitment to an ISA using incentives and pre-marketing.The IFA is very concerned that with only twenty […]

Conservatives attack Treasury&#39s pension plans

The Conservative Party has attacked the Labour Party for creating pensions chaos with the publication of Treasury plans for an alternative stakeholder pension.Tory Shadow Chancellor Francis Maude says: &#34This is the fourth proposal to go out to consultation, and it is clear evidence that the whole overhaul of pensions has been hijacked by the Treasury.&#34Maude […]

Treasury expected to publish stakeholder proposals today

The Treasury is expected to publish its response to the stakeholder green paper this afternoon.The leaked proposals are expected to detail how collective investments such as unit trusts, ISAs and Oeics can fit within a new pensions framework.It has been suggested that the new collective investment product can be fitted to the stakeholder and will […]

Scot Life ups allocation rate on 25-year endowment plans

Scottish Life is increasing the allocation rates on new 25 year endowment plans by 2.5 per cent.The life office is boosting the allocation rates on all new endowment plans taken out between 21 and 29 years by varying rates. It is also increasing the subsequent allocation rates on all endowments by 2.25 per cent.But the […]


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