FSA regulation introduced a new participant to the mortgage world – the whistleblower. This, I like. Having seen some multiparty electioneering starting to manifest itself, it is time to expose some gross derelictions of duty. I am talking about the Government’s performance on mortgages and associated issues.
The inheritance tax threshold will be raised from 263,000 to 275,000 this year, rising to 285,000 next year and 300,000 the year after, said Chancellor Gordon Brown in his Budget speech today.He said 94 per cent of UK estates will not be liable for IHT. Rates will be frozen on capital gains tax, corporate taxation […]
By Kunal Desai, Manager of Neptune India Fund Kunal Desai recently celebrated his third anniversary as manager of the Neptune India Fund. Kunal has built a strong track record of outperformance since he assumed responsibility for the Fund, delivering a return of 30.3 per cent ompared to the MSCI India Index gain of just 14.0 […]
Knowledge of how the tax relief rules work for corporate losses will add considerable value to an adviser’s proposition Financial planning tends to focus on situations where there is available capital or income – very possibly created from business profits for SME owner-managers. But sometimes businesses make losses, and an awareness of how the tax […]
Close Brothers Asset Management saw net inflows jump 43 per cent to £1bn year-on-year, from £757m in 2017. The business released its preliminary results for the 12 months to 31 July today. Close Brothers says the strong inflows were delivered by its own advisers and investment managers, as well as third party advisers. Coventry-based Adrian […]
The Financial Ombudsman Service has told Tenet to compensate a client for its failure to give timely advice that resulted in an annual allowance charge of around £14,000. In the ruling, Mr T was a client of Tenet Connect, Tenet’s network of advisers, who found he was under threat of redundancy and made an appointment […]