View more on these topics

Give shares and receive tax relief

The Giving Campaign is urging IFAs to tell clients how they can make charitable donations on a tax-efficient basis.

New NOP research indicates that a quarter of financial advisers are consulting clients on charitable donations, up from 18 per cent in 2001. But only 29 per cent are discussing share giving. The campaign says share giving and charity financial products are two market opportunities where people can get the maximum from charitable giving.

Share giving offers the most generous tax relief to donors. Contributions of shares to charity entitle the donor to full income and capital gains tax relief.

Around £150m in shares is donated by higher-rate taxpayers each year, bringing £60m in tax relief for donors.

Respondents to the survey claimed one of the barriers preventing them from giving advice on charitable donations is a lack of suitable financial products.


Woolwich and Barclays link to offer guaranteed lifetime tracker loan

Woolwich and Barclays will be jointly offering a guaranteed lifetime tracker mortgage by the end of the month. The loan will allow borrowers to track the base rate plus 0.04 per cent for two years and then change to a guaranteed lifetime tracker of 0.95 per cent above the rate. Monthly payments on a 25-year […]

Cavanagh reshuffle sees Timmins take COO role

Cavanagh Group has made a series of board changes which marks the completion of its rationalisation after its purchase of Ernst & Young Financial Management last October. E&YFM chief executive and deputy chief executive Ken Timmins and Charles Gillespie are joining the main board as chief operating officer and group sales & marketing director respectively. […]

Pru takes a lead role in Sesame multi-tie plans

Prudential has been called in from the cold by mega-network Sesame which has abandoned threats made last year to drop the firm from its multi-tie plans and instead says it is the first player to have a place on its panel. Pru has also been appointed to work on the design and delivery of Sesame&#39s […]

Young people are cool on saving

Less than half of people under 30 are saving for a pension and fewer are even thinking about making provision for their future, says the ABI. The research concludes there are no “subsequent triggers” to motivate young people to begin saving. Consultancy Andrew Irving Associates carried out the survey for the ABI and the results […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment