Football fans set to score financial goal

Article Abstract:

Football clubs could benefit from the strong loyalty from their supporters to offer stakeholder pensions, believe analysts at insurance company Legal & General. The company is already holding talks with various football clubs to target supporters with entry-level pension schemes, for contributions of as little as GB 10 per month. Many football clubs already offer financial products such as home insurance, credit cards and loans. Supporters are attracted by the services, since they want to contribute to the success of their club.

Comment:

Holds talks w/ football clubs to target supporters w/ entry-level pension schemes for contributions of as little as GBP10 per mo

Services information, Pension Funds, Private Pension Funds, Legal and General Group PLC

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Data bill to clamp down on abuse

Article Abstract:

Once the new Data Protection Act 1998 is passed through parliament IFA's must comply with the new legislation or face the possibility of a fine. The Act is being designed to protect an individual's privacy and avoid and prevent abuse of private information. The current manual filing system containing personal information is exempt from any breach of the Act until 2001. If a filing system is established by an IFA after October 24 1998 they will automatically be obliged to abide by the Act.

Comment:

UK: Independent Financial Advidsers must comply w/ new legislation once the new Data Protection Act 1998 is passed

Government regulation (cont), Investment Advisory Services, Investment Advice, Investment advisers

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