The Bank of England will continue its quantitative easing programme. The Bank’s Monetary Policy Committee (MPC) today announced that it expects the programme to be completed next month.The MPC will review the scale of the programme again at its August meeting. The Asset Purchase Facility, which was increased from £75 billion to £125 billion in […]
Just Retirement has called for the retirement wake-up pack to be abolished.
Treasury select committee chairman John McFall has attacked the FSA for not naming the lenders under investigation for mishandling of arrears.
The Close Special Situations fund was the best performing vehicle for the first two quarters of the year, according to research carried out by Thames River.The British small-cap fund returned 42.9% in the first three months of the year, followed by another 51.2% in the second quarter. Its peer group, UK Smaller Companies, was also […]
Using an investment wrapper set up by a life insurance company in a jurisdiction with a favourable tax regime, such as the Isle of Man or Dublin, opens up a wealth of planning opportunities. Investors benefit from growth that is largely free of tax as no tax is imposed on the income and gains in […]
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Many of my friends are ex-teachers, having retired from the profession. We were recently talking about how valuable the teachers’ pension scheme has been to them in building a decent amount to retire on and bemoaning the fact the next generations are unlikely to have such benefits provided through the generosity of their employers. Our […]
Just 10 per cent of people are seeking financial advice, according to Aegon research. However, there is some positive news as this is a 2 percentage point increase from when the same survey was conducted nearly two years ago. Aegon polled more than 900 people in May this year and found 47 per cent make financial […]
With implementation just around the corner, time is running out to get compliance right