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Transatlantic plan to monitor banking

Gordon Brown and George Bush are to set up a UK-US working group which will develop proposals to monitor and regulate the banking system.

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Blackwell to leave A&L in April

Alliance & Leicester has announced that its intermediary head of sales Mark Blackwell has been made redundant from the lender after just four months in the role.It says this was announced internally to staff this afternoon, with Blackwell set to leave in April.A spokeswoman for A&L says that Blackwell’s job loss was due to its […]

ScotLife Intl claims trust avoids new IHT charge

Scottish Life International has designed a new type of trust which it says helps get round the inheritance tax crackdown introduced in the 2006 Budget.The trust allows the settlor to make a potentially-exempt transfer and establish a flexible trust without incurring an immediate IHT charge.Under the 2006 reforms, transfers to trusts become immediately chargeable where […]

A passage to India

If there was ever a doubt New Star founder John Duffield would do anything and everything to turn the fortunes of his business around, this week’s tie-up with Tata Asset Management has answered all the critics.

Advisers confident despite volatility

Over half of financial advisers are confident that this year will turn out to be good for business despite the market volatility.Teamspirit’s Hopes and Fears Influence research shows that 58 per cent of advisers have an optimistic outlook.Sixty-three per cent say that the health of the UK economy is their biggest concern, with regulation and […]

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