Story by: Janet Walford OBE, Money Management
The subject of guaranteed annuity rates usually invokes strong feelings, both in those that have them and those that don't.
The FSA has lost the second round in the Lautro charges fiasco. The Information Tribunal Service handed down its judgement on 13 October in favour of the Information Commission Officer’s ruling that the FSA disclose the names of the offices using Lautro charges, following a request for this information from Evan Owen last year.
No, this not about the BBC TV programme 'Last of the summer wine', the world's longest running sitcom, featuring the three principal characters of Compo (the poor one), Clegg (the irritating one), and Foggy (the slightly confused one).
When I finally put down my quill pen and retire, my husband has this romantic notion that I will sit down at my shiny new home computer and pen a best selling novel. I sigh and explain that, to be a successful novelist you need a fertile imagination and a believable scenario. The skill of being a successful financial journalist, on the other hand, is turning technical bumph into readable copy and, frankly, there are not many chances in this job to marry the two.
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With profits payouts have been in steady decline over the past decade, as regular readers of Money Management will be only too well aware.
EXCLUSIVE: Windsor Life chief executive Jonathan Yates has spoken for the first time about how untrained staff and IFAs with "shopping lists" led to horrendous delays in customer service levels.
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The prospect of earning cash plus returns in falling markets is attractive. Absolute return funds claim to do this, but is it always possible, asks Geordie Clarke?
Location: Nationwide
Salary: Basic - £30,000 - £50,000 with realistic OTE in excess of £100,000.
Location: London
Salary: £40000 - £55000 per annum
Location: London
Salary: £45000 - £50000 per annum