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Wentworth Rose offers counselling for those made redundant

IFA Wentworth Rose announces a 28 per cent increase in demand for redundancy counselling from last year.

The counselling is one aspect of retirement services offered by Wentworth Rose. Given that redundancy often leads to early retirement for individuals over 50, the IFA firm offers the counselling to those affected so they can keep their financial planning sorted.

The counselling is available on a one-to-one basis, or in larger courses.

Wentworth Rose head of retirement counselling David Edwards says: “We have been surprised at this trend, particularly as it goes against the Government&#39s recent statement encouraging companies to retain employees over 50. We are finding that companies carrying out redundancy programmes find a service such as ours extremely helpful and it is also appreciated by the staff involved.”


£5m ads start the struggle to sell stakeholder

Pension providers believe the Government faces an uphill battle topersuade its target market about the merits of stakeholder.The Government is due to kick off its crusade to encourage stakeholderuptake in January with a £5m advertising campaign. But providersbelieve it will face a real struggle to overcome the apathy towards pensionsaving.Research from IFA Network has found […]

Actuaries&#39 president in pension plea

The president of the Institute of Actuaries wants the profession to leadthe debate on the future design of pension schemes.Speaking last week, Paul Thornton said the profession must take a moreactive role in pension scheme development. He says the move is essential ifthe industry is to overcome problems with the low-inflation environment,lower investment returns and […]

GPPs have become good value

After attacking poor-value personal pensions for years, the Government hasnow agreed that the subject of its attack can form a suitable basis forexempting employers from offering stakeholder pensions. But this apparentU-turn is, of course, nothing of the sort.There was a general expectation that group personal pensions, whichreflected the product characteristics which the Government has attacked,would […]

Why the FSA must act on RU64

Regulatory Update 64 (RU64) was published by the Personal InvestmentAuthority (PIA) on 30 March 1999. Its “proper” title was Advice on PersonalPensions in Advance of the Introduction of Stakeholder Pensions.Although RU64 covers less than one side of an A4 sheet, from the outset ithas been contentious and difficult to interpret.The Association of British Insurers issued […]


Out from the long grass? An IT and NI merger

Those with a long memory will recall that at the start of the last parliamentary term George Osborne announced his intention to merge income tax (IT) and national insurance (NI).  Headline grabbing as the initiative was, the reality of the complexities, challenges and costs of such a move resulted in this idea being kicked into the political long grass.


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