Stockmarkets have had a strong bounce since reaching a low in early March. The debate now is whether this is the start of a new bull market or a so-called “bear market rally”, with further falls just around the corner. The jury remains out.
Income protection sales increased by over 13 per cent in 2008, a report by Swiss Re has revealed.
Complaints to the Financial Ombudsman Service against IFAs have fallen in the past year to only 3 per cent of new cases.
The big headline in the Budget this year was the proposal to raise the top rate of income tax to 50 per cent on taxable income above £150,000 a year from April 2010 onwards. There are several ways in which this change will affect offshore investment. The new higher rate further widens the gap between capital gains tax, levied at a flat rate of 18 per cent, and income tax. This places even more emphasis on exit planning for those who hold insurance-wrapped investments.
Joshua Ausden, Head of Client Investment Strategy, Neptune Read more here Important Information – for Investment Professionals Only. Not for Retail Clients.Investment risksNeptune funds may have a high volatility rating and past performance and forecasts are not a guide to future performance. These are Neptune’s views and as such this document is deemed to be […]
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