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Anger at stamp duty left on share trades

Best Investment has slammed the Budget as “deeply disappointing for investors”. Deputy managing director Jason Hollands criticised Brown&#39s decision to axe betting duty while leaving stamp duty on share trades.


Daft proposal for remuneration

Open letter to FSA chairman Howard DaviesAccording to the March 1 edition of Money Marketing, the FSA has recently issued regulatory guidance concerning the remuneration of IFAs, where a product provider is offering admin support in respect of decision trees. My understanding of the FSA proposals is that where an individual prospective investor is lead […]

Gordon&#39s and tonic with a twist

If you like driving tractors, swilling whisky, having a gamble and, erm, procreating, this was the Budget for you. In what was perhaps an attempt to atone for some of these unsavoury associations, Chancellor Gordon Brown also promised that repairs to churches would attract a reduced rate of VAT. Then came his pronouncements on the […]


It does not take a rocket scientist to run a successful building society but, if it did, Nationwide&#39s Brian Davis would be well placed. With a PhD in rocket science, Davis is not your average building society boss. But then again, he is not your average scientific boffin either. Having said that, as the biggest […]

Godfrey calls for extension of &#39its&#39 campaign

AITC director general Daniel Godfrey today called on the investment industry to extend the &#39its&#39 campaign for another five years.In a speech at the AITC conference for directors Godfrey called for the whole AITC membership to fund the programme, which has been criticised by some parts of the investment industry.Godfrey says: “It&#39s easy to forget, […]


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