Financial interests of members

• Q&a ; Your Money Queries Are Answered by Trevor Clark, Director of Newcastle-Based Chartered Financial Planners Rutherford Wilkinson Ltd

QMY employer has offered me an incentive to transfer my pension out of its final salary scheme to its group personal pension. I was talking to a friend about the offer and they told me that these exercises have been outlawed. Is this correct? A No, enhanced transfer value (ETV) exercises have not been outlawed, although the basis upon which a financial adviser would assess whether such an offer is in your best interests have been tightened. An ETV exercise is conducted by an employer seeking to reduce its defined benefit pension liabilities. The employer offers an enhancement or inducement to a group of members in order to transfer their benefits from the defined benefit scheme to an alternative scheme, usually a group personal pension. The benefits payable under the defined benefit sch...

• The Journal
• May 12, 2012

• ; Londoner's Diary

ONE person not suffering in the recession is Gordon Brown. The former PM has declared earnings of Pounds 144,788 for making just four speeches in the US. On top of that, travel and accommodation for himself and a member of staff cost Pounds 18,848. The new figures, which feature in the latest register of members's financial interests, show Brown has also received "payment for staff and research of Pounds 42,158.38" in his role as chairman of the World Economic Forum.

• Evening Standard - London
• June 27, 2011

• High Priestess of Political Correctness [...]

HIGH priestess of political correctness Harriet Harman will not be pleased to learn she has been drawn into a sleaze complaint about her husband, former trade union bruiser and Labour MP Jack Dromey. This weekend it emerged Dromey has been reported to parliamentary watchdog John Lyon for allegedly concealing from the Commons Pounds 27,867 he received as pay from the Unite union, where he was formerly deputy general secretary. Dromey should have declared the money in the register of members' financial interests.

• Daily Mail
• November 01, 2011

• Disappointment at News of Co-Op Merger Scrapped

Following from last week's hugely successful South West Dairy Show, I was planning to write enthusiastically about the prospects for dairy farming. But after yesterday's news that merger talks between the two dairy co-operatives, Milk Link and First Milk, have fallen through, my optimism has been severely dented. Exactly what caused the breakdown will no doubt come out in the wash. Both co-ops were being predictably vague yesterday, talking about the merger "not being in the best financial interests of our members." Well, maybe. But that the creation of a large, powerful, profitable, fully integrated, farmer-controlled dairy processor would have been in the best interests of dairy farmers as a whole seems to me to be incontrovertible. Just as a groan rumbled through the corridors of t...

• Western Morning News, The
• February 07, 2008

• Your Pay Is Obscene Hanley Chief Is Told ; Angry Scenes Mark the Start of a Torrid Season of Meetings for Society Bosses

IT is the same story for many of the UK's smaller building societies. For years, Hanley Economic Building Society has served the financial interests of its members with distinction, building a loyal customer base in its heartland and playing a key role in local communities hit badly by the recession. But like many other societies, Hanley is paying the price for trying to be more than just a local player.

• Mail on Sunday
• December 13, 2009

• The Turks and Caicos Islands Constitution Order 2011

...Chief Financial Officer. 7.—(1) Notwithstanding anything in the... day, to the Speaker and the other members of that House of Assembly shall, until it is other...103.Registration of interests. 104.Supervisor of elections. 105.Funding of insti...

• The Ministers 'Hiding' Cash [Scot Region]

SIXTEEN members of the Coalition government keep their financial interests hidden behind 'blind trusts,' it emerged yesterday. Blind trusts place the management of a person's assets into the hands of other experts who decide how those funds are invested.

• Daily Mail
• February 05, 2011

• Pay Deal Waits for Stamp of Approval ; Union Officials Say It's Too Soon to Celebrate Settlement

We have always said that we couldn't face away from change. The agreement recognises the reality of automation, competition and the financial challenges facing the company, but it does so in a way that puts the interests of CWU members at its heart. "Both sides have committed to improving industrial relations and ensuring a more positive working relationship in the best interests of everyone at Royal Mail.

• Sentinel, The; Stoke-on-Trent (UK)
• March 10, 2010

• The Ministers 'Hiding' Cash

SIXTEEN members of the Coalition government keep their financial interests hidden behind 'blind trusts,' it emerged yesterday. Blind trusts place the management of a person's assets into the hands of other experts who decide how those funds are invested.

• Daily Mail
• February 05, 2011

• Donations Quiz for Tory Dr Fox ; West Mp Liam Fox Is Facing Stern Questions From the Elections Watchdog After Failing to Properly Declare Donations to His Private Office.

West MP Liam Fox is facing stern questions from the elections watchdog after failing to properly declare donations to his private office. The Tory Shadow Defence Minister reported the financial support of three City backers in the Commons Register of Members' Interests but not to the Electoral Commission, as required.

• Western Daily Press
• June 24, 2008