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NI contributions up 1 per cent

Gordon Brown rejected alternative funding arrangements for health care costs such as private medical insurance, social insurance or charging.

He said an NHS funded out of general taxation is still the most equitable way to give people the greater security they want.

Brown announced that starting next tax year a 1 per cent increase in National Insurance contributions on all earnings across the board.

The ceiling of £30,420 remains in place.


Namba bids to bring in more IFAs

The National Association of Mortgage Brokers and Advisers has appointed Charles Gooding as chairman of its steering committee in a bid to recruit more intermediaries.Gooding, managing director of national mortgage broking firm One Mortgage Solution, will oversee the creation of Namba&#39s development group intended to represent the views of brokers and advisers.He says he is […]

IMA offers savings guide

The IMA is offering a factsheet to promote savings plans for people looking to build up a capital sum.The leaflet, Monthly Savings – A Guide to building up Capital in Investment Funds, sets out the ways in which savings plans can effectively offset the risks of stockmarket volatility. It points out that regular instalments mean […]

Employee share schemes

EMPLOYEE SHARE SCHEMESFor a change, although it is hardly surprising given the activity that has taken place over the past few years, there have been no proposals in this years budget on employee share schemes. In the light of this relatively “settled period” for employee share schemes we thought you might value a “drawing of […]

Nationwide – Guaranteed Equity Bond

Tuesday, April 16, 2002Type: Guaranteed equity bond Aim: Growth linked to the FTSE 100, S&P 500, Nikkei 225and Eurostoxx 50 indicesMinimum-maximum investment: £5,000-no maximumTerm: Six yearsGuarantee: Capital returned in full regardless of performance ofindices.Return: Up to 90% growth in the FTSE 100, S&P 500,Nikkei 225 and Eurostoxx 50 indicesClosing date: May 18, 2002Commission: NoneTel: 0800 […]


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