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Growth forecasts slashed on Brexit

The Office for National Statistics has put a figure on the projected impact on UK growth following the decision to leave the EU. Delivering the Autumn Statement today, Chancellor Philip Hammond says while “we cannot predict the deal we will strike” on Brexit, the ONS says potential growth will be 2.4 per cent lower than […]

Theresa May to unveil boardroom crackdown on big business

Prime Minister Theresa May is set to unveil plans to crackdown on boardroom excess at large private companies. Today the government will propose new corporate governance plans with the intent to bring private companies into line with those listed on the public stock market in terms of transparency and employee protection, The Guardian reports. Commenting […]

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LV= weighs up stopping enhanced annuity sales

LV= is consulting with staff on a proposal to stop selling enhanced annuities and increase its focus on secure drawdown. The insurer says the proposed move follows a review of its annuity business and reflects changes in retirees’ buying habits since pension freedoms, as well as the interest rate and regulatory environment. LV= will offer […]

Chase de Vere to boost advice to medical profession

Chase de Vere is setting up a specialist team to boost its advice relationship with the medical profession. The team of six business development consultants will work in hospitals and GP practices nationwide with Chase de Vere advisers to offer tailored briefings and seminars with medical professions. The firm has been partnering with the British […]

Who pays inheritance tax and how to declare it

By Kim Jarvis, Canada Life In this article we look at which forms personal representatives (PRs) need to complete and who actually pays inheritance tax (IHT).  To recap, under current rules, any part of the estate that falls within the available nil-rate band (NRB), currently £325,000, is taxed at zero. Anything in excess of the NRB […]

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