View more on these topics

PIA expels IFAs

The PIA has expelled IFAs Allied Anglo Financial Services of The Old House, White Heath, Ashford Road, Hollingbourne, Maidstone, Kent and Weybourne Financial Services of Weybourne House, 15 Aylesbury Road, Wendover, Buckinghamshire.

The two firms are no longer authorised to conduct investment business they no longer meet the FSA&#39s financial resources requirements.

Allied Anglo was placed into a Creditors Voluntary Liquidation on July 17 1999 and Weybourne was on July 28, 2000.

Recommended

Join the jet set

As far as IFAs are concerned, the international dimension has traditionally had two aspects. First, foreign jurisdictions have allowed advisers to write offshore business for tax purposes. Second, offshore markets have presented IFAs with potential new business targets, primarily expatriats.Klonowski & Co principal Francis Klonowski says the basic financial planning criteria apply. “It is easy […]

National insurance

The rate of employer&#39s National Insurance contributions reduces from 11.9% to 11.8%. The rate for employees is unchanged.Levels of National Insurance contributions for tax year 2002/2003 were set as follows:-(a)EmployeesThe Primary Threshold (ie. the threshold above which employee&#39s NI contributions are payable) is increased to £89 per week. The upper limit is increased to £585 […]

Yet another review

News of another Government review of financial services should come as no surprise.In fact, with reviews of disclosure, polarisation, competition, investment, endowments, advertising, prudential regulation, product regulation, with-profits and the Inland Revenue review on the tax treatment of occupational pensions all under way, it is getting hard to think what it could review next.However, the […]

UK growth on target at 2.25 per cent, says Brown

The Chancellor of the Exchequer Gordon Brown, speaking in the pre-budget report, says UK growth will remain at 2.25 per cent this year, at the lower end of the forecast for 2001 made in this year&#39s budget.Brown admitted that a prolonged downturn in the US was a downside risk but still predicted growth of 2 […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com