Recommended

5

Steve Bee: The damage to our pensions system is already done

I have no idea what is going to happen to our pensions system in next week’s Budget but like everybody else I have read about the rumours. Pension tax relief reform might have been put on the back burner but speculation remains as to whether the Chancellor has any more rabbits in his hat. Saying […]

UK-Currency-Money-Coin-Pounds-GBP-700x450.jpg
26

FOS rules against insistent client pension transfer

The FOS has ruled against advice firm Portal Financial after it transferred the pension of an illiterate insistent client. The client, Mrs W, complained that she wanted to take tax free cash from her pension to pay for new solar panels. She claimed she did not realise Portal had transferred the pension until later. In […]

Daniel Godfrey: Brexit would not be a disaster for UK fund managers

Former Investment Association chief executive Daniel Godfrey believes a vote for the UK to leave the European Union would not be a “recipe for disaster” for the fund management industry. Speaking to Money Marketing sister-title Fund Strategy, Godfrey says: “We don’t know what the terms of Brexit will be, but for investment management it is […]

Peter Hargreaves 700x450

Peter Hargreaves: UK would thrive outside EU

Hargreaves Lansdown co-founder Peter Hargreaves has downplayed fears of market uncertainty if the UK leaves the European Union. Speaking on Radio 4’s Today programme, Hargreaves said that a Brexit would be “an absolute fillip” for the UK’s economy. He also fought back against pro-EU campaigners who have claimed an EU exit would leave the City of London […]

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment