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Cofunds cash haven fund outperforms

Cofunds’ cash haven has outperformed all its other funds – in or out of a tax wrapper – in January and February, which it says is due to investor nervousness regarding market volatility.

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Advisers shunned as small firms get help on corporation tax

Aifa director general Chris Cummings has hit out at Chancellor Alistair Darling for announcing measures to mitigate increases in small business corporation tax for some industries but not advisers.In last week’s Budget, the Chancellor set out a number of concessions to small businesses to help soften the increase in corporation tax on small firms from […]

Tax and trust arm for corporate sector

AWD Chase de Vere is launching a tax and trust division aimed at its corporate and professional clients, to be headed by former heads of Alexander Forbes’ tax and trusts team Paul Grafton-Holt and Claudio Bacci.

Abbey slashes new build BTL LTV to 65%

Abbey has slashed its new build buy-to-let loan to value from 85 per cent to 65 per cent.It has also reduced its new build house LTV to 85 per cent and new build flats to 75 per cent.The changes come into effect from tomorrow.An Abbey Mortgages spokesman says: “Abbey has always taken a prudent approach […]

Platforms need to deliver to meet needs of advisers

Platforms must do more to respond to the needs of advisers to secure their long-term future, according to a report by Defaqto.The report, Adviser Platforms in the UK 2008: Stand and Deliver, says many advisers are still in the process of testing out different platforms and are yet to commit to one in particular.Defaqto says […]

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