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Not a tasty SIPP at all
LONDON - The new pensions' rules that come into effect from April next year are no doubt a blessing for some estate agents, but property analysts are a concerned lot these days.
Published
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Wed, 31 Dec 1969 14:28GMT
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SIPPs effect not as dramatic as previously thought
LONDON - The provision of committing Self Invested Personal Pensions (SIPPS) to the residential property market has drawn admiration as well as ire from several sections of the society with analysts predicting that the scheme would end up benefiting the rich pensioners while the poorer ones would be left in the lurch.
Published
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Wed, 31 Dec 1969 09:24GMT
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Wealthy in Britain growing and they want to make ethical investments
The tribe of the wealthy in Britain is growing and the noteworthy feature about them is that they want to make ethical investments. According to a study by corporate research and market analyst firm Datamonitor, there were 916,000 people in the country with liquid assets worth more than 200,000 pounds in 2004, an increase of 12 per cent compared with 2003.
Published
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Wed, 31 Dec 1969 07:56GMT
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Pensions’ muddle not as acute as predicted
LONDON - The pensions' crisis may not be as worse as previously thought and less than one in ten Britons will actually face poverty after retirement, says a study by the Institute for Fiscal Studies.
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Wed, 31 Dec 1969 05:04GMT
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Tax breaks in pensions’ won’t help, says TUC
LONDON - The Trades Union Congress (TUC) has bluntly said that offering tax incentives is in no way going to solve the looming pensions' crisis and such schemes will only deepen the divide between the rich and the poor.
Published
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Wed, 31 Dec 1969 09:48GMT
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ARA launches raids on suspected IRA properties worth £30 million
MANCHESTER - Police have launched an intensive attack against a suspected IRA money laundering operation rumored to be somewhere in the region of £30 million. Almost 250 properties are being investigated by government officials in this connection.
Published
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Wed, 31 Dec 1969 05:56GMT
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SIPPs to be regulated by 2007: FSA
LONDON - The controversial self-invested personal pensions (SIPPs), which have been roundly criticized for giving unfair advantage to wealthy pensioners, would come under regulation by the Financial Services Authority (FSA), according to a new plan released by the Treasury department.
Published
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Wed, 31 Dec 1969 06:48GMT
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