DIARY: Ludgate’s publication is hit by subbing glitch

Ludgate recently teamed up with specialist magazine Financial Adviser to take a regular look at parliamentary issues which have an impact on IFAs. However, the relationship didn’t get off to an ideal start.

Ludgate recently teamed up with specialist magazine Financial

Adviser to take a regular look at parliamentary issues which have an

impact on IFAs. However, the relationship didn’t get off to an ideal

start.



Ludgate’s contribution to the 4 November issue was a piece on

stakeholder pensions which suggested that those awaiting clarification

on stakeholder pensions ’will be looking forward to the completion of

the Financial Services and Markets Bill which is running into the next

session’.



This would be interesting if it were true. The clause that will

establish the stakeholder pension is in fact Clause 1 of the Welfare

Reform Bill, which is presently having difficulty getting through the

House of Lords, and has nothing to do with the Financial Services and

Markets Bill.



Ludgate managing director Stephen Lock says the error was not down to

his financial services team, but the fault lay with Financial Adviser,

which accepts it was down to excessive subbing.



Better luck next week.



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