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Broker Talkback

Was the Budget good for your clients?

Yes 12.5%
No 87.5%

No

“It wasn’t good, it wasn’t particularly bad, it was just bland.”

Andrew Robb, Stewart Robb & Co

No “I don’t think anyone, except perhaps for the very wealthy, will be any better off. It was a totally negative budget.”

Michael Alexander, Michael J Alexander Ingatestone Associates

No “I don’t think it was a good Budget for anyone. A lot of the stuff mentioned was not news. The abolition of the 10 per cent rate was painted over and this affects the low earner. It was a fudge Budget.”

Angus Whitton, Whitton Asset Management

No “It was a poor Budget. I just don’t feel there were any incentives in there for long-term savers.”

Theo Filippeos, Filippeos Financial

No “Prices are all going up so it is not great news really.”

Grant Brendon, Midland Counties Financial Management

No “It was a bad Budget for my corporate clients who are building businesses they would like to sell.”

Ashley Clark, Roberts Clark Independent Financial Solutions

Yes “There was more clarification on capital gains and inheritance tax. But importantly, they haven’t dropped the higher-rate tax relief for pensions. So we live to fight another day.”

Irvin Robinson, Irvin Robinson Financial Management

No “It was unexciting for our clients. The changes on capital gains tax and bonds do not have much of an effect on our advice.”

Marvyn Scourfield-Thomas, Scourfield-Thomas Associates

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