Goldman Sachs is considering moving its London operations offshore after the Government announced plans for a 50 per cent tax on bonuses above £25,000 and 50 per cent income tax for people earning more than £150,000 from April.
Towergate Financial has acquired Newark-based wealth management and financial planning firm KB Rollitt & Company Limited.
The Association of British Insurers has called for the maximum age by which people are required to have purchased an annuity or an alternatively secured pension to be increased from 75 to 80.
IFAs and product providers have criticised the FSA’s decision to extend its proposed ban on commission to group personal pensions, claiming fewer employers will take advice and scheme take-up will fall.
The Liberal Democrats have hit out at Tory proposals to cut inheritance tax and stamp duty, saying it will result in a £7bn shortfall.
What might Trump’s policy proposals mean for markets and key components of the US economy going forward? The questions outnumber the answers at present. Loomis Sayles Macro Strategies takes a look at the impacts of the US election. Click here
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]