Lloyds TSB has appointed Lisa Stephenson as network director for Scotland and the North of England.She joined the firm in 1987 and the new remit comes in addition to her role as customer, wealth management and marketing director of Lloyds TSB Scotland.Lloyds TSB private banking chief executive Mark Cheshire says: “We’ve taken the decision to […]
Vincent Chailley, CIO of H2O Asset Management, discusses the key investment factors in 2016, including volatility, the disconnection between central banks and its implications on markets, as well as opportunities that may exist for investors.
Clients have been increasingly asking advisers about the impact a potential change of government could have on their finances, a survey by Royal London has found. In the last two years, nine in ten pension advisers said clients have approached them to discuss the topic. The biggest areas of concerns include estate planning and inheritance […]
Professional indemnity insurer Liberty Specialty Markets is to cease taking on new adviser business covering defined benefit transfers, Money Marketing has learned. Liberty had previously taken on policies from other insurers who had pulled out of the market in the wake of defined benefit transfer compensation fears. Money Marketing understands that Liberty will continue to […]
HM Revenue and Customs is opening an average of 5,000 investigations each year into inheritance tax – a 7.8 per cent increase since the introduction of the residence nil rate band. Introduced in April 2017, the RNRB applies to individuals with direct descendants who have an estate exceeding the IHT threshold of £350,000. The rate […]