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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 be known as the lifelong individual savings account or LISA.


CML elects NatWest&#39s Wise as chairman

NatWest Mortgage Service managing director George Wise has been elected chairman of the Council of Mortgage Lenders.Following the executive board&#39s annual election he succeeds head of Midland Mortgages John Massey who served as chairman from January 1998.Wise has been with NatWest for almost 40 years and became managing director of the mortgage arm in February […]

Financial Services golf tornament aiming to raise £50,000

The Financial Services Sunshine Classic golf tournament will be held at Moor Park Golf Club on June 30.The tournament is aiming to raise money to buy sunshine coaches for the Variety Club of Great Britain.Last year&#39s inaugural tournament raised £50,000 to buy two coaches for the charity.The tournament is open to anyone in the financial […]


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