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Treasury cautious over pension linking

Treasury officials have reportedly described the 2012 target for the state pension to be linked to earnings as an “optimistic ambition”. Cicero Consulting director Iain Anderson says next summer’s spending review and the date of Chancellor Gordon Brown’s predicted takeover as Prime Minister will be key issues.

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Following the article in Money Marketing last week about the National Savings and Investments (NS&I) guaranteed equity bond, we have decided to change future ads. The ad stated that the bonds will “genuinely outperform any growth in the FTSE 100 index”. At NS&I, while not regulated by the FSA, we follow the FSA handbook rules […]

Dismay over U-turn on RU64

The Association of British Insurers has accused the FSA of performing a U-turn on RU64 after it postponed a decision on whether to scrap the rule. The FSA’s move, prompted by uncertainty in the run-up to the implementation of the national personal accounts scheme, has come as a blow to the industry after the FSA […]

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