View more on these topics

BFS offers IFA guide to zeros

Split-capital investment trust specialist BFS Investments is offering a

free IFA guide to zero-dividend preference shares.

Zeros are a type of share which aims to provide inv-estors with capital

returns when the trust is wound up.

The company&#39s guide add-resses misconceptions about zeros, including

commission payment.

BFS packages zeros as part of a product portfolio offering initial

commission of 3 per cent and 1.5 per cent trail.

It says an advantage of zeros is the ability they give IFAs to make an

educated and informed analysis of risk and returns compared with some other

types of investment, including deposit acc-ounts, where returns vary with

interest rates and cannot be predicted.

The guide lists flexibility as another benefit of zeros because

clients&#39 investments are not locked in until the repayment date and can be

bought and sold on the stockmarket at any time.

BFS says zeros can be a very tax-efficient vehicle and provide bigger tax

breaks than Isas because the absence of dividends on zeros means there is

no income tax to pay.

The guide also tells IFAs how they can choose zeros with varying degrees

of risk to suit each clients&#39 needs and attitude to investment.


Fund statements raise investors&#39 fears

IFAs and fund managers have been inundated with calls from worriedinvestors over the past few weeks as many got their first fund valuationletters of the year. Most investors will have seen the value of their funds fall over the past12 months, with the average unit trust falling by around 15 per cent in theyear to […]

Conservative victory would see IR35 scrapped

Controversial tax rule IR35 would be abolished if the Conservatives winthe general election. According to the Tory election manifesto, getting rid of IR35 would cost£100m. Labour has estimated the move would cost up to £1bn. The legislation was introduced to stop people, usually in working ininformation technology, from choosing to be contract workers to take […]

BFS shapes up with shape-it

BFS Investments has designed Shape-it, a portfolio management service that also allows investors to access investment trusts through an individual savings account (Isa) and Pep transfer.Shape-it allows investors to choose their own portfolio of split capital investment trusts from the nine trusts in the BFS range. These cover BFS Asian assets through to BFS smaller […]

Winner on aggregate

It can be uncanny sometimes how things can come together. No sooner had Iemailed last week&#39s article on aggregation to Money Marketing, I answeredmy phone to Euan Robertson, development director of Spektra Systems, whoinvited me to Livingston to look at the toolset the company has built toassist a wide range of financial services companies with […]

Recording sickness absence cover - thumbnail

White paper — recording sickness absence

The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm