View more on these topics

IMA offers savings guide

The IMA is offering a factsheet to promote savings plans for people looking to build up a capital sum.

The leaflet, Monthly Savings – A Guide to building up Capital in Investment Funds, sets out the ways in which savings plans can effectively offset the risks of stockmarket volatility. It points out that regular instalments mean than investors do not put all their money into the market at the wrong time.

The IMA says saving £50 a month in a UK all companies fund with net income reinvested started 10 years ago would now be worth £8,683.

Head of communications Clare Arber says: “Invest-ment fund savings schemes are a highly efficient way of saving for the long term, particularly for investors with limited resources. With just a small monthly outlay, a sizeable capital sum can be built up over time. Further-more, regular savings not only reduce the effects of market fluctuations but can also be a benefit when markets fall, helping investors acquire units at a lower price.”


Employee share schemes

EMPLOYEE SHARE SCHEMESFor a change, although it is hardly surprising given the activity that has taken place over the past few years, there have been no proposals in this years budget on employee share schemes. In the light of this relatively “settled period” for employee share schemes we thought you might value a “drawing of […]

Split-cap blame lies elsewhere

IFAs and their clients have been let down on split-caps.Zero-dividend preference shares were classified as low risk and income shares as low to medium risk.This classification is clearly written on key features documents approved by the regulator.We pay the regulator around £30m a year and we have every right to expect it to be accountable […]

Rates of tax

ANNUAL EXEMPTION This is increased from £7,500 in 2001/2002 to £7,700 in 2002/2003 for individuals and personal representatives, and (in most cases) from £3,750 to £3,850 for trustees. RATES OF TAXNo change has been proposed regarding the rates of capital gains tax which are, of course, largely as for income tax. In brief terms, these […]

Life policyholder taxation

Part assignments by way of giftOne of the changes made in Schedule 28 Finance Act 2001 was that an assignment of part of the rights under a policy by way of gift which takes place in a policy year which begins after 5 April 2001 will no longer be capable of giving rise to a […]

International jurisdictions

By Neil Jones, Canada Life Investing through international providers has grown in popularity over recent years as investors seek out the benefits of gross roll-up and the wider range of investment options that can be available. When considering a recommendation for a lump sum investment, not only does the adviser have to select a suitable tax wrapper […]


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