I concluded my last article – the third in a short series in which I am discussing key issues in a director share purchase strategy – by highlighting the importance of the valuation of the shares. This week, I will make recommendations as to how financial advisers should ascertain those values.
Woolwich has returned to the two-year fixed-rate market as it says short-term swap rates are finally beginning to stabilise.The Barclays-owned lender is offering a 5.39 per cent fix with a follow-on rate of 0.95 per cent above base rate.The deal has an application fee of £995 and a maximum loan to value of 80 per […]
Lloyds TSB is to close its Indian call centre and return work to the UK which the Lloyds TSB Group Union says is partly due to 400,000 Lloyds customers signing a petition saying they are opposed to offshore call centres.
By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]
Almost 200 footballers are under investigation for alleged tax abuses linked to image rights payments, the Mail on Sunday reports. HM Revenue and Customs are reportedly looking into 198 players, 44 at Premier League level, and 29 agents. The investigation into the football world has netted £329m extra tax for the Treasury after many clubs […]
Alliance Trust Savings has been sold to fellow flat-fee platform Interactive Investor for £40m. II will also take control of parent company Alliance Trust’s office building in Dundee that houses ATS as part of the deal. ATS confirmed it was in discussions with potential new owners in July, but market watchers had tipped a deal […]
Retirees are likely to miss out on sustainable income and death benefits if they do not annuitise at least part of their pot, new research finds. In a paper from actuaries Milliman, which draws on data from provider Just, Milliman modelled a pure drawdown strategy combining equities and bonds, and a combined annuity with an […]