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Treasury&#39s ban on fees putting Cat loans at risk

A right of centre thinktank has this week published a report accusing the

FSA of being the least accountable Government institution created since the

Second World War.

The publication, called Leviathan At Large, compiled by the Centre for

Policy Studies, says the FSA can do virtually whatever it likes.

The editor of the report, Tim Knox, is adamant that those wrong- fully

subjected to an FSA investigation must be able to seek compensation in


Knox says: “The courts must be able to award damages. Even rumours of an

investigation will affect business. Companies must be able to sue the FSA

for damages.”


Tories gear up for debate over Financial Services Bill

The Financial Services and Markets Bill reaches the Report Stage in the House of Lords on Thursday, the second to last step in the two year old process before the bill receives Royal Assent.The Tory and Liberal Democrat parties plan to force debate on a number of areas, with the goal of forcing a vote […]

Commission not yielding to disclosure

Five years of the disclosure regime have had little impact on IFAcommission, says a PIA report.But it shows that personal pensions have been affected by the proposed 1per cent cap on stakeholder which has caused char ges to fall by as much as75 per cent. The trend in personal pensions is revealed by the drop […]

Win a weekend at the Grand Prix

Supremacy, success and skilfulness are essential elements of the moderncompetitive business world. Nowhere is the cut and thrust of day-to-daychallenges more closely matched than in the world of motorsport.That is why we at Money Marketing are pleased to have anadrenaline-pumping weekend for two at the British Grand Prix at Silverstone(April 22 and 23) to give […]

Widows houses concert for Edinburgh Festival

Scottish Widows is converting its Morrison Street build ing into a venuefor a Music for the Millennium concert as part of this year&#39s EdinburghFestival.The atrium of its building, which features 1,200 square metres ofglass-roofed space, is to house the BBC Scottish Symphony Orchestra.The building is being che-cked to ensure the acoustics will be up tostandard […]

Who pays inheritance tax and how to declare it

By Kim Jarvis, Canada Life In this article we look at which forms personal representatives (PRs) need to complete and who actually pays inheritance tax (IHT).  To recap, under current rules, any part of the estate that falls within the available nil-rate band (NRB), currently £325,000, is taxed at zero. Anything in excess of the NRB […]


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