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Mick McAteer 01
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Mick McAteer: EU shouldn’t follow pension freedoms ‘disaster’

The Financial Inclusion Centre director Mick McAteer has urged the European pensions industry not to follow the UK on its “disaster” pension freedoms reforms. McAteer, a former FCA board member, argued against pension freedoms at an EU Commission hearing on personal pensions in Brussels this week. Speaking to Money Marketing after the hearing, McAteer says: “UK pension freedom and choice […]

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Landlords slam tax changes as 440,000 face 2017 rate hike

Around 440,000 landlords who pay the basic rate of tax will be forced into a higher tax bracket from Apriil next year, according to the National Landlord Association. The changes, to be fully phased in by 2021, will mean landlords will no longer be able to deduct mortgage interest payments or any other finance-related costs from […]

Canada Life annual IHT survey results

75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]

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