International income funds continue to attract more traction in terms of new launches. This is a result of a real sea-change in so far as international markets are paying an income at all.
The UK annuity market will almost double in size over the next three years, Just Retirement expects.
F&C is blaming uncertainty over its future for assets under management falling from £103.6bn in December 2007 to £101.8bn in March this year.
Lifesearch says it is relaxed about the FSA extending the RDR to protection business as long as proposals to distinguish advice from sales go ahead.
December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
James Hay is reviewing its older products, following its well-publicised issues with the Elysian Fuels biofuel investment scheme. James Hay revealed last May it is involved in a legal dispute with HM Revenue & Customs around unpaid tax on biofuel scheme investments. Speaking to Money Marketing, James Hay chief executive Alastair Conway says it is investigating […]
I sat open-mouthed in the House of Commons four years ago as George Osborne announced the end of a national retirement system based on annuities. Three years on from the law change, several trends are clear. First, overall we remain in what I call ‘Income Drawdown’s Phoney War’: as long as the vast majority of retirees […]
While not easy, it is possible to take profits through the hard border that surrounds a company without paying excessive tax There is a hard border around company assets. If you want to move cash out, you mostly have to pay some tax. And now, one avenue – dividends – is about to get more […]