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Treasury committee to give Brown grilling on report

The Treasury select committee will question Chancellor Gordon Brown over the pre- Budget report.

The committee is calling for submissions to put to the Chancellor and Treasury officials as part of its inquiry into the report, due to be issued on December 5.

The programme of oral evidence consists of two public meetings on December 7, one with expert commentators and the second with Treasury officials. Brown will then face questions on December 8.

The committee says it welcomes written evidence on the report which must be submitted by 4pm on December 6. Much of the evidence received during the inquiry will be made public.

The committee is appointed to examine the expenditure, admin and policy of the Treasury, Revenue and Customs and associated public bodies.Written evidence should be submitted in Word format and sent to


NAPF says benefits reduced for millions

The NAPF says Turner’s proposals are timid and will lead to a reduction in pension benefits for millions. It says the two-tier system will delay simplif-ication for up to 25 years.

Sipps set to usurp equity release

Sipps will end up in direct competition with equity release after A-Day and could be a more efficient vehicle to unlock the value of property. By using a Sipp in conjunction with a discounted gift trust, a parent could pass a property on to their child while at the same time releasing equ-ity, minimising IHT […]

Skandia launches new wrap tools

Skandia has launched a new range of tax and financial planning tools for its wrap.The provider says the tools have been designed to support the advice process and enable advisers to demonstrate the benefits of their recommendations to clients.The Business Premium Equaliser calculates the premiums that should be attached to each individual member of a […]

Standard Life launches Group Sipp

Standard Life launches its group self-invested personal pension to employers looking to review their scheme arrangements in advance of A-Day next year.Several investment options will be available including residential property from April 6, as well as Standard Life mutual funds, stocks and shares, discretionary fund management and commercial property investment.GSIPP, due to launch in January […]

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Considerations for overseas workers in Germany

With Germany’s strong economic growth leading the eurozone’s recovery, many UK businesses are keen to be part of the success story: recent data shows that there are currently more than 280,000* employees working for a UK-controlled company in the country.


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