The Treasury has refused a freedom of information request from the IFA Defence Union to publish a recent letter from Tony Blair to its chairman, Sir Callum McCarthy, claiming it could damage the relationship between the regulator and Government. Mr Blair was responding to an angry letter from the FSA chairman criticising his comments in May that the regulator was seen as hugely inhibiting of efficient business.
This week Robert Watts, economics correspondent at The Sunday Telegraph
It is with increasing regularity that we are reminded of the importance to HM Revenue & Customs of the substance of tax planning arrangements as opposed to concentrating solely on the form.
Poor Charlie Ansdell at PR agency Polhill. After his great great great great grandad suffered the indignity of featuring as Napoleon’s assistant in last week’s Diary Ansdell has been inundated with anti-French emails. Ansdell insists he is not related to anyone on the French side but his great great great great grandad was Nelson’s assistant […]
Alliance & Leicester Mortgages introduces greater lending flexibility, moving away from traditional income multiples to assess how much a customer can borrow.Maximum loan amounts are now based on individual financial circumstances and brokers can confirm maximum loan amount for clients.This will particularly help those with higher disposable incomes and first time buyers.The move is supported […]
Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology