The ABI says the delay to implementing personal accounts will create a dangerous incentive for firms to level down and the Government is risking damaging long-term pension saving for the sake of short-term gain for the Exchequer.
Skandia head of tax and financial planning Colin Jelley says the Government’s decision not to raise capital gains tax is just “delaying the inevitable”. CGT currently stands at 18 per cent and was paid by 269,000 people in 2007/2008. Industry experts expected the Chancellor to align CGT more closely with income tax which is 50 […]
Tied and multi-tied advice arms of banks are expected to be hit by the bank payroll tax, introduced in this week’s pre-Budget report.
Chancellor Alistair Darling has admitted that the UK economy will contract by 4.75 per cent by the end of the year.
Skandia Investment Group has selected Investec Asset Management to manage a UK equity mandate previously managed by UBS.
Jelf’s Annual Health & Wellbeing event is here again, and once more we will be providing practical help to employers seeking to manage their employee healthcare commitments.
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]