View more on these topics

Level playing field on tax for all savings vehicles says Sandler

The Sandler Review wants a level playing field on the tax treatment of mutual funds and pension funds and has called for barriers between different types of investments to be removed.

The review has asked the Government to change the Individual Pension Account rules if necessary to allow fund managers to compete with life offices in the pensions market.

It suggests that the VAT exemption for pension fund management should cover charges those levied by non-life companies.

It wants the 5 per cent withdrawal rule for life policies to be abolished for new business.

It also wants to see the introduction of an Stamp Duty Redemption Tax-exemption for investment trusts within the IPA structure.

The review also wants investment trusts to be exempt from VAT on investment management bringing them into line with unit trusts and oeics.


Clerical Medical Investment Management rebrands as Insight Investment

HBOS is rebranding subsidiary Clerical Medical Investment Management as Insight Investment in advance of a major retail launch later this year.CMIM, which has more than £63bn of assets under management, will be completely rebranded by the start of the fourth quarter, after which it will attempt to become a top 10 fund manager in sales […]

Independent View

When I was asked to write this article for Money Marketing, I sat there and thought, what do I write about that has not already been written about our industry in the last 12 months? In other words, how do I make this positive rather than the negative garbage that we have been put through […]

Investors take the rough with the smoothing

While I understand the argument being put forward by Hargreaves Lansdown over the sale of with-profits bonds, I totally disagree with its view.Hargreaves argues that if stockmarkets rise, life companies will use profits to boost their financial strength rather than pay all these profits to policyholders. In this case, Hargreaves should never have been recommending […]

Sandler could help more IFAs keep independence

Ron Sandler&#39s proposals for the future of the independent sector have been met with gratitude from IFAs who have concluded he has made it easier for advisers to remain independent. Sandler&#39s report published this week proposes a “substantial relaxation” of the FSA&#39s Defined Payment System by removing providers from influencing how much and how IFAs […]

Martin Foden discusses how convenience is affecting the construction of fixed income portfolios

In this short video, Martin Foden, head of credit research at Royal London Asset Management, discusses how convenience is affecting the construction of fixed income portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm