Rachel Vahey: Junior Isas gaining in popularity for good reason

The rise of the Jisa shows no sign of abating as the emphasis on intergenerational wealth planning grows The Junior Isa is gaining popularity with clients, with almost 15 per cent more plans subscribed to in 2017/18 than the previous year (see chart below). Part of this growth is down to the product’s flexibility to […]

Simon Collins: Setting your SMCR milestones

Keeping up momentum is key, even if the December deadline seems some way off As firms step up their Senior Managers and Certification Regime project activity, challenges facing HR and compliance functions are becoming apparent; not least the question of resource, and competing priorities for what is a finite resource at most firms. Some firms […]

Phil Wickenden: Tax system’s tech overhaul far from over

The Office of Tax Simplification has called for the government to consider auto-enrolling all taxpayers into HM Revenue & Customs’ personal tax account service, after concerns that developing technology will cause individuals to lose sight of their obligations. The OTS has published a discussion paper looking at the risks tax simplification through technology poses. The […]

Baillie Gifford transfers £1.3bn to Hargreaves Lansdown

Baillie Gifford is set to transfer its investment trust savings scheme to Hargreaves Lansdown. The scheme, which includes its Isa, Share Plan and Children’s Savings Plan, is being moved as Baillie Gifford says the long-term interests of the plan holders will be “best serviced” by a transfer of investments to the the direct-to-consumer platform. More […]


FSCS claims over collapsed DFM Beaufort to be settled in coming weeks

The Financial Services Compensation Scheme is processing around 1,400 negligence claims against collapsed discretionary fund manager Beaufort Securities, it has confirmed. The lifeboat fund tells Money Marketing that decisions on the claims will start to be finalised at the beginning of May. Beaufort Securities became the target of both FBI investigations in the US and FCA sanctions […]

Income protection sales surge 50% in Q1

Income protection sales reached a record breaking growth of 50 per cent in Q1 this year, according to figures from technology provider Iress. Data from its transaction portal The Exchange shows growth across sales of critical illness, life, income protection and multi-benefit offerings. Income protection saw the largest year-on-year increase at 50 per cent, followed […]