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 the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]