The Inland Revenue took inheritance tax receipts for 2004/05 totalling 2.907bn, an increase of 16 per cent on the previous year.
The Derbyshire (Isle of Man) is maintaining its Manx bonds rates consistent for a second month, amidst continuing uncertainty over UK base rates.Savers can benefit from a guaranteed rate of up to 5.15 per cent gross until May 30, and fast-moving savers are able to take advantage of the rate on the one-year Manx bond, […]
Online enquiries are now as important a source of new business as enquiries made on the phone, says IFA Promotion.
The end of the tax year saw a last-minute surge in Isa business but IMA figures reveal that net Isa business nearly halved over the year to April compared with the previous year.
Isn’t it funny how quickly things change in our industry? After four years of using uneconomic commission to establish a false market for stake- holder pensions, many product providers have suddenly gone cold on the idea.
This month will see the release of a TV advertising campaign to raise awareness of auto-enrolment among small and micro employers. It arrives before an unprecedented number of businesses approach their staging date.
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]