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Tony Wickenden: Trustee planning issues advisers need to be aware of

Having considered the legal and tax fundamentals of trustee investment in my previous articles, it is now time to look at planning. As mentioned before, there is an immediate opportunity to initiate trustee investment engagement with professional connections based on the capital gains tax and dividend tax changes. The changes are current and relevant: a […]

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HMRC service ‘collapse’ cost taxpayers £97m

The National Audit Office has found the “collapse” in service at HM Revenue & Customs over the last two years has cost taxpayers £97m in excessive call waiting times. Based on HMRC’s criteria, the NAO valued taxpayers’ time at an average of £17 an hour. It calculated that in the 2014/15 financial year, and the […]

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Standard Life set to cut 70 roles

Standard Life is set to cut 70 job roles from its Edinburgh IT department. The investment firm hopes to meet the target through voluntary redundancy, according to the BBC. The headcount drop is meant to improve how Standard Life services customers, reacts to market needs and “delivers technology”. Standard Life chief information officer Mark Dixon […]

Tenet snaps up building society client bank

Tenet has acquired the client bank of Furness Financial Advisers, following a strategic review by its parent Furness Building Society. Aspire Financial Management, Tenet’s wholly owned appointed representative, will receive 75 post-RDR clients in addition to around 1,500 pre-RDR clients. Tenet would not reveal further terms of the deal. The advice firm has been an […]

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