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Annuity key to boosting trust

Scottish Life’s latest Beehive straw poll finds that 85 per cent of IFAs believe abolishing inheritance tax and compulsory annuitisation would help to restore the public’s faith in pensions.

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FundsNetwork head of sales and marketing Rob Fisher “In principle, FundsNetwork is supportive of what Cofunds is saying. The ability to be able to advise clients to move their assets to where they want to have them is clearly an important thing. We are making progress on these areas. Slowly but surely, I think that […]

The transfer deadline

Richard Leeson, head of international investment at Prudential, sets out in detail the changes in tax treatment involving trust transfers for IHT planning

We need a review of misregulation

It seems that the Financial Ombudsman Service continues to fine advisers for shortfalls that are caused by regulatory-imposed projections, that is, that were imposed on the adviser and the provider by the regulator. The FSA may not now be continuing with this Lautro practice but the FOS still perpetuates this injustice. An example is the […]

TMB offers packagers help following closure of Victoria Mortgages

TMB has stepped in to help packagers affected by the closure of Victoria Mortgages announced today.The lender has set up a special hotline – 0845 124 1320 – and will give priority to packagers affected by the Victoria Mortgages closure. TMB is also offering Victoria Mortgages an open initiation to work closely with TMB to […]

The fifteen-year itch

By Neil Jones Technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The treatment of non-UK domiciles that are resident in […]

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