View more on these topics

Only 1 per cent know how much they can save tax-free

Just over half the population knows they can save for the future tax-free and only 1 per cent thinks they can save more than £10,000 tax-free according to research from National Savings & Investments.

The Treasury-sponsored savings provider says in any given tax year, people can save up to £63,000 tax-free.

Investors are allowed to put away £3,000 in a Mini cash Isa, £40,000 in index-linked and fixed interest savings certificates and £20,000 in premium bonds.

But the survey shows only 52 per cent say they are aware they are allowed tax free savings at all. Thirty-three per cent say they would save more if the amount of tax-free savings was higher than they thought.

Commercial director Gill Cattanach says: “The new tax year provides an ideal time for savers to review their investments and the research shows they are not taking advantage of all the tax-free opportunities currently available on the market, in a third of instances because they don&#39t know just how much they can save tax-free.”


Forsyth explores fixed-interest hedge funds

FORSYTH PARTNERS FORSYTH ALTERNATIVE INCOME FUND Type: Hedge fund of funds Aim: Income and growth by investing in fixed interest hedge funds, sovereign, corporate and emerging market bond funds Minimum investment: Lump sum $20,000 Place of registration: Cayman Islands Investment split: 100% in fixed interest hedge funds, sovereign, corporate and emerging market bond funds Charges: […]

Budget tax planning analysis

I have always maintained (even more forcefully of late) that the value of relevant and timely information, understanding and advice cannot be underestimated. This is particularly so in knowledge based industries (such as ours) where what you know and how you can use it is the basis of your competitive advantage. So when it comes […]

Allianz Dresdner takes conservative approach to bond fund

Allianz Dresdner Asset Management has established the high income bond, an Oeic that will be managed by its sister company, Pimco. The fund has an estimated target yield of 5 per cent a year and will invest in a mixture of high-yield and investment-grade corporate bonds, mainly in the UK. However, up to 30 per […]

Investec plants foot in hedge FOF market

Investec Asset Management has established the absolute return fund series II, a fund of hedge funds that invests in a range of hedge funds that use different strategies. Investec has been trying to get into the hedge fund of funds market since 2001, but did not have the experience to do this. The solution was […]

US equities: opportunities for short sellers expand

Optimism is as American as baseball and apple pie. And since the financial crisis, being optimistic about US equities has paid off: they have outperformed every other major developed market by a comfortable margin. Yet while there remain plenty of good reasons to be optimistic about US equities, Stephen Moore, manager of the Artemis US […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm