HM Revenue and Customs has published draft guidance on real estate investment trusts , detailing how the legislation will be interpreted and applied.
“What’s in a nod? That which we call advice by any other name would smell as sweet.”
Focus Solutions has reduced its operating loss by 0.4m compared to the same period last year. The group has released its unaudited six monthly results for the period to September 30, showing a 3 per cent increase in total revenue – from 2.7m to 2.8m. It says first half trading is in line with expectations […]
Only 6 per cent of life insurance policies are written in trust by advisers and direct sales channels which could lead to consumer detriment in future. Research conducted by Money Marketing with six providers found that less than 10 per cent of life insurance policies are placed in trust, with just 6 per cent of […]
Is it unfair for advisers that the 15-year long-stop rule for complaints does not apply to Financial Ombudsman Service decisions?Yes “It is unfair. With legal advice on wills, for example, it can also take longer than 15 years to find out whether the advice was wrong.”Ronald Abram, Abram Lawless Financial Services Yes “My initial thoughts […]
Dividends are under pressure in some areas: but reliable yields can still be found. So says Adrian Frost, manager of the Artemis Income Fund, in conversation with Lawrence Gosling.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Claims management companies must be more specific on separate permissions and competency when they under the remit of the FCA, according to HM Treasury. Under rules proposed in the Treasury’s latest consultation paper, claims management companies will operate under six sectors – housing disrepair, industrial injuries disablement benefit, personal industry, financial products and services, criminal […]
Knowing what assets each operator will accept and with what conditions is becoming increasingly difficult The recent well-publicised events concerning Sipp operator asset acceptance have focused the mind of a number of advisers. We have been fielding enquiries about our own Sipp and the asset classes we as a Sipp operator would consider. But this […]
Investment trust sales may come under pressure due to new EU rules, experts have warned. The potential benefits of gearing on investment trusts risk being overlooked as new cost reporting rules make them look more expensive compared with open-ended funds. Traditionally, closed-ended funds have looked attractive based on lower costs compared with other structures, as […]