The Diary wanted to be the first to congratulate Taxationweb for winning the prestigious Best Tax Website at the LexisNexis Butterworths Taxation Awards after receiving an email explaining co-founder Martino Matijevic’s “great sense of achievement” after collecting the award at the Park Lane, Hilton.But just as the number was being dialled, another email came our way telling us that an error had been made and the previous email had been sent early – as the awards were not until that night. There is nothing like a bit of self-assurance but Martino might have had a slightly red face at the ceremony when the catchily named Compucraft Tax Hub took the prize instead.
Matt Goodman looks at the investment industry’s reaction to Anthony Bolton’s claim that the bull market run is coming to an end
threesixty is urging IFAs to review their PI insurance policies as it notes a large disparity between the price and quality of cover available over the last 12 months despite a soft market over the last year.The IFA service provider says its premiums range from 1-1.5 per cent of turnover while many IFA firms are […]
Insurer brings in training and development to improve its service standard levels and increase response rates
Scottish Widows says it remains open to new trust business, including its discounted gift trust but has produced additional guidance notes to accompany its trust material. It stresses advisers should ensure clients fully understand the implications of changes to taxation of trusts before making recommendations.
Martin Foden, head of credit research at Royal London Asset Management, explores the role of secured bonds, considering the impact of default and the characteristics of secured bonds versus supranationals and highlighting some examples. He also examines the evolution of the credit market and rating agency inefficiencies. Read the article in full: The value of […]
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Providers are reviewing their marketing packages to advisers at conferences and on websites amid concerns they will fall foul of new inducement rules under Mifid II. Mifid II, which came into force on 3 January, brought in more stringent rules around “non-monetary benefits” from providers to advisers. The rules have been translated into the FCA conduct of […]
A misleading headline rate of unemployment means opportunities are being overlooked by investors
The FSCS is budgeting an extra £3.5m to cover the cost of running the scheme this year. The management expenses levy, which is used to cover the cost of administering the scheme separately from any compensation payments made, proposed for 2018/19 by the FSCS today is £77.7 million, up 5 per cent on the previous […]