View more on these topics

Hotline claims to slash the cost oftax advice

IFAs can get tax advice for themselves and their clients on a new phone hotline ata third of the cost of visitingan accountant.

Telephone tax specialist Experts Unlimited is offering advice on all areas of tax for £1.50 a minute or £90 an hour. The company says IFAs can save up to £50 an hour against the cost of visiting an accountant by using the service.

Accountants typically charge £150 an hour and have a minimum fee for any conversation. Experts Unlimited says the fact the service charges by the minute allows the user to control the cost of each call.

The company says itssix phoneline operators can answer queries on a wide range of issues from pensions to CGT liabilities to tax on investments.

The operators, who have had 18 hours training, will have access to continually updated online libraries.

The company says the service, which launched last week, has no hidden costs or subscription fees.

It will soon be launching into other fields, including law and health.

Experts Unlimited chief executive Noel Hodson says: “Many IFAs will have questions about a client&#39s taxliability but are put off usingor recommending an acc-ountant because of the charges involved.

“By using this service, IFAs can save their clientsand themselves huge amounts of time, money and inconvenience.”

Hodson was an account-ant for 20 years.


Independent View

It has taken a long time but at last IFAs are being recognised for their true worth. I do not mean our value to society although I am sure we do help millions of people.What I am talking about is the clear recognition that an IFA is an extremely val-uable commodity to a distributor of […]

Misys only hits half its Colonial target

Misys is on course to recruit just 180 ex-Colonial franchisees despite targeting nearly twice that number, after facing stiff competition from other networks.DBS is hoping to sign up some 40 RIs and little-known Newcastle-based network Positive Solutions is set to take on another 50.Life offices Friends Provident and Scottish Amicable are also believed to be […]

Knox-Johnston in the running for IFAP chief executive

Consultant Richard Knox-Johnston is being touted as the next possible chief executive of IFA Promotion following the resignation of Anne- Marie Martyn.Knox-Johnston, a former Allied Dunbar and Lincoln salesman, was instrumentalin setting up Aifa as project manager. He has also recently been involved in the consultation process for Saltr, putting forward IFAs&#39 views.He says he […]

Banks back bulk-buy Tep scheme with loans

Tep company Rochford Policies is embarking on an agg-ressive marketing campaignto promote its new investment scheme.It is sending information packs about its traded endowment investment portfolio plan to all IFAs. The plan allows investors to buy Tep policies in bulk to maximise potential returns.Investors can take out a loan from high-street banks participating in the […]

Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm