Strutt & Parker Real Estate Financial Services has launched a property development fund fully eligible for IHT business property relief. The product has a minimum investment of 250,000 and is not subject to IHT upon the death of the investor. It is aiming to deliver returns of between 10 and 15 per cent a year.
Sam Shaw finds that the 71-year-old marketing manager at Close Brothers Investment has developed a language of his own during his years in financial services but is still striving hard to ensure the intricacies of property funds and VCTs are not lost in translation for high-net-worth clients
While I was a partner of Berkeley Wodehouse Associates, the FSA chose to visit in a thoroughly high- handed manner relating to an ongoing pension enquiry when such matters were at their height. The FSA demanded a private room, had their own recorder and refused us the same privilege. They did not even permit us […]
The Pension Annuity Friendly Society has been given the go-ahead to demutualise by its policyholders in a move that will secure a £5m war chest. The demutualisation, exclusively revealed in Money Marketing in June, will see Pafs rebranded as Partnership Assurance and pay out £6.2m in windfalls to 7,800 members who will get a minimum […]
Like the rest of the world, I watched in horror as news of the London bombings unfolded on July 7.
John Hailer, CEO of Natixis Global Asset Management, says the company is focused on the UK, which it sees as being one of the world’s largest wealth markets with an unrivalled understanding of investments and funds.
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There are numerous trip hazards with carry forward but more clients will want to be looking at it Many believe the annual allowance will be fair game for the chancellor soon, as one of the least painful and least complex reductions in cost to the Treasury. As such, the need to contribute while clients can and […]
The world is a challenging place for a traditional one-man (or -woman) band Increased regulation and rising costs are leading to a growing number of mid-sized adviser firms. Sole trader and two-handed businesses are becoming rarer as changing rules and client demands present a greater challenge for smaller firms. Between compliance, technology and the implementation […]
Thirty-six months is a short time in pensions. Before April 2015, few could have predicted that compulsory annuitisation would come to an end and the door to full withdrawals would be swung open. As the pension freedoms reach their third birthday, it is worth weighing up the evidence to date. Let’s start with the good […]