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Osborne slashes corporation tax to 17%

Chancellor George Osborne has again taken the axe to corporation tax, with the rate set to fall to 17 per cent in 2020. The corporation tax rate is currently 20 per cent. Under existing plans it was due to fall to 19 per cent in April 2017 and 18 per cent by 2020. However, giving […]

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Think-tank brands income tax changes ‘misguided’ and ‘regressive’

Chancellor George Osborne’s moves to increase the tax-free personal allowance and raise the higher rate threshold have been condemned by the Resolution Foundation. Osborne announced the personal allowance would reach £11,500 as part of a pledge to reach £12,500 by the end of the Parliament, while the 40p tax threshold would move from £42,385 to […]

Danby Bloch

Danby Bloch: Freedom to jump into the unknown

Pension freedoms have led many to consider transferring pension rights out of defined benefit schemes and into defined contribution ones. However, both advisers and clients should be very cautious about such transfers. The industry has been there before some 30 years ago – and it ended in tears. There are clearly circumstances in which there […]

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Scottish Widows invests £50m to boost customer service

Scottish Widows will invest £50m in its pensions proposition over the next 18 months as it looks to bring digital banking technology to the savings market. The provider, a subsidiary of Lloyds Banking Group, has today launched its ‘Driving Pensions Value’ programme designed to boost customer service, improve adviser support and upgrade the digital support […]

UK: mid-year review and outlook

By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]

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