MOST OF THE national press this morning are dissecting the impact of yesterday's Bank of England base rate rise, however, the Times has the most innovative take on the matter, by suggesting it is not house prices which could drop, but BIRTH rates.
REPRESENTATIVES OF financial services bodies yesterday told MPs the Government's proposed low-cost "Sandler" savings products are "potentially dangerous" and could result in mis-selling claims against the industry, according to the Daily Telegraph. The National Association of Pension Funds and the Investment Managers' Association blamed the Government for the current savings crisis at a meeting of the Treasury Select Committee, which is examining long-term savings. Farnish said the state pension system was now so complicated it would be impossible to offer simple, low-cost pension pro...
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