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Treasury mulls 50 year gilts

New gilt issues in the range 40-50 years could be announced with the budget in March, following a consultation process with investors and gilt-edged market makers by the Debt Management Office. Pension funds, which have suffered from falling bond yields and rising longevity, have expressed interest in longer maturities.

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PFS wants crackdown on product marketing

The Personal Finance Society is lobbying the FSA to tighten the way providers market their products to advisers. Members are increasingly concerned that there are few consequences for providers for their marketing of products to IFAs. Aifa is also in talks with the regulator on the issue. Members have raised concerns that they often have […]

FSA rejects IFAs’ requests under Information Act

IFAs have been outraged by the FSA’s decision to turn down a request for details of pension reviews made under the Freedom of Information Act. The increasingly active IFA Defence Union has had the first of several Freedom of Information requests to the FSA rejected because the regulator says it would have been too costly […]

See A specialist

cchm:ping chairman Lucian Camp says financial services companies should only consider specialist agencies.

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