Work and Pensions Secretary James Purnell has confirmed that anyone getting a payment via the Financial Assistance Scheme will not have to pay higher-rate tax.
Fortune Group, the fund of hedge funds subsidiary of Close Brothers, has seen a 64 per cent increase in assets under management over the last 12 months to £700m.
Luxcellence European Focus Fund
The Government has bowed to lobbying from the financial services industry in promising to offer a tax exemption on non-dom legislation to stop businesses moving their operations abroad.Tax experts and industry groups had warned money brought onshore to the UK by non-doms would be liable to tax under existing proposals.They cautioned financial services, such as […]
Software provider 1st says adviser companies which do not use technology properly will be unable to handle the requirements of the FSA’s treating customers fairly regime.1st has launched an updated version of its Adviser Office with new features to support TCF. It says the system was built to satisfy the core principles of the new […]
Robin Geffen, Fund Manager and CEO Are you taking enough risk? Robin Geffen, Founder of Neptune and Manager of the top performing Global Alpha Fund, discusses the importance of accepting enough volatility in planning for retirement. Click here to read the full article Important information Investment risks The value of an investment and any income from […]
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The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]
Platform Alliance Trust Savings must compensate a client after he was unable to make several investments because the online service was down. The client, Mr W, had around £2m in his Sipp fund with ATS. In late June 2016, his advisers tried to make a number of investments into specific funds, however, these did not […]
Last year, Money Marketing took a deep dive into how advisers are remunerated with an extensive reader survey. This year, we’re going even bigger and better, teaming up with recruitment consultancy BWD to bring you the definitive picture on pay. With your help, we hope to decode how qualifications, employment status, geography, gender, job title and other […]