View more on these topics

Carry back deadline coming up says L&G

IFAs are being reminded of the approach of the January 31, 2004 final deadline to carry back a pension contribution into the 2002/2003 tax year.

Legal & General says individuals who have not yet completed their self-assessment tax forms can use carry back to, maximise their individual pension contribution for last tax year and directly reduce their tax bill for this tax year.

L&G director, pensions marketing Andy Agar says: “People can do this because they are able to deduct the pensions tax relief directly from their tax bill, which could be up to 40 per cent for higher rate tax payers.”


Platinum dazzles in China

Platinum Capital Management has created a hedge fund that will take a long and short investment approach to Chinese companies and companies based elsewhere that will profit from growth in China. The Platinum dynasty fund has a target return of between 15 per cent and 20 per cent a year. It was introduced because Platinum […]

Throwing light on the costs of state pensions

We have seen a large number of papers and proposals that will affect pensions over the coming years. These include a new priority order on winding up defined-benefit schemes to provide extra protection for long-serving members. There are proposals to simplify contracted-out schemes and bring annual savings to employers of up to £16m by allowing […]

IFA says providers are affecting his business

A South-west IFA has slammed product pro-viders for making his clients even more cynical about the financial services industry. Anstey Financial Planning director Gerard O&#39Boyle believes his clients are losing out and his business is suffering becauseproviders are not dealing with them fairly. He has made complaints to Clerical Medical, Pearl, Jupiter and Legal & […]

The Share Centre – Personal Retirement Account

Type: Full Sipp Minimum investment: Lump sum £780, £117 a month Investment choice: All Inland Revenue permitted investments except commercial property Options: None Charges: Set up fee £120, annual £80-£160 depending on fund value Commission: Subject to negotiation Tel: 01296 414541


News and expert analysis straight to your inbox

Sign up


    Leave a comment