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Fundsdirect sale announcement due tomorrow morning

Fundsdirect is at the centre of sale speculation with an announcement to be made tomorrow morning.

The fund supermarket was put up for sale in February following a strategic review of the business.

A number of staff at the company are already under notice of redundancy, which Fundsdirect chief executive Simon Bratt says is “a necessary process in the sales discussion.”

Bratt says: “We will be issuing a progress report tomorrow to show where we stand but at this time I cannot confirm or deny whether the company has been sold.”


Inheritance tax – How to declare and who pays

By Kim Jarvis, Canada Life In this article we look at which forms personal representatives (PRs) need to complete and who actually pays the tax. To recap, under current rules, any part of the estate that falls within the available nil-rate band (NRB), currently £325,000, is taxed at zero. Anything in excess of the NRB is […]


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