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Willetts lays out Tory pension plans

Shadow Pensions Secretary David Willetts has announced the
Conservative Party&#39s plans to tackle the pensions crisis, reiterating a
commitment that a Tory Government would scrap the State Second
Pension and cut the social security budget using the savings to raise
the state pension and restore the earnings link.


Looking at the laundry list

At the end of last year, the FSA gave Abbey a nasty early Christmas present in the form of a £2m fine for money laundering breaches.This apparently arose from an initiative by Abbey whereby they had reported the matter themselves to the FSA.As the saying goes: “If you tell your wife everything, does she love […]

Berkeley Morgan Group back in healthy profit

Berkeley Morgan Group is back in the black, turning a loss of £1m in 2002 into a profit that reached nearly £0.5m last year.The Ofex-traded group includes 65-RI IFA division Berkeley Morgan and RE Gee & Co. This area of the business produced a turnover of £2.4m despite “adverse investment conditions” that directors blame for […]

&#39Monthly savings beat lump-sum investments&#39

Investors making monthly contributions have fared significantly better over the past three years than those who have invested a lump sum, according to research from Hargreaves Lansdown.HL has found that monthly savers often enjoy positive returns regardless of whether there is a bear or bull market while their lump-sum counterparts only do well in a […]

Benefits firm and IFA in alliance

Employee benefit and financial planning firm Yorkshire Investment Group has entered into a strategic alliance with Shipley IFA Sydney Packett & Sons. The deal will see Packett&#39s financial services staff and its life and pensions clients move over to YIG. Sydney Packett managing director Gareth Sawyer has been appointed managing director of YIG Consulting, the […]


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