Thursday, 7 March 2002 Type: Investment trust Aim: Growth by investing in equity release schemes Minimum investment: Lump sum £1,000 Maximum investment: None Investment Split: 100% invested in equity release schemes Types of share: Not applicable Isa link: Yes Pep transfers: Yes Redemption date: No Charges: Initial 2.25%, annual 1.2% Commission: None Tel: 0845 7078425
Isas offer freedom from income tax and capital gains tax. In addition, the 10 per cent tax credit on dividends from UK equities can be reclaimed until April 5, 2004.Investors have a choice of one of two types of Isa each tax year – a maxi Isa or mini Isa, the features of which are […]
Consultation Paper 121A one to one? I think not. From Hull, Hell and Halifax Let's agree to disagree,The Funny Smell Authority is beginning to rile me.This time, let's have a more Equitable discussion.Broker a discussion? More like a scattergun approachTo ram the idea down everyone's throatA proper muddleYes – and jolly bankers in a huddleIndependence, […]
A TV production company is looking for the Jamie Oliver of the IFA world to host a financial makeover programme to be broadcast on terrestrial television.London company Felix Productions is hunting for a future star of the small screen for a show that will advise real people on how they can efficiently manage their income, […]
This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar.
In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.
Knowledge of how the tax relief rules work for corporate losses will add considerable value to an adviser’s proposition Financial planning tends to focus on situations where there is available capital or income – very possibly created from business profits for SME owner-managers. But sometimes businesses make losses, and an awareness of how the tax […]
Close Brothers Asset Management saw net inflows jump 43 per cent to £1bn year-on-year, from £757m in 2017. The business released its preliminary results for the 12 months to 31 July today. Close Brothers says the strong inflows were delivered by its own advisers and investment managers, as well as third party advisers. Coventry-based Adrian […]
The Financial Ombudsman Service has told Tenet to compensate a client for its failure to give timely advice that resulted in an annual allowance charge of around £14,000. In the ruling, Mr T was a client of Tenet Connect, Tenet’s network of advisers, who found he was under threat of redundancy and made an appointment […]