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What would multi-party govt mean for financial services?

After months of campaigning the result of general election 2015 remains uncertain. Although many pollsters predict that the Conservatives will be the largest party, the closeness of the result may lead to both the Conservatives and Labour trying to form a Government in the coming days. What is certain is that we are heading for […]

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Better together? Advisers start to build ‘consumer coalition’

Industry bodies are looking to create a “coalition” with consumer groups to help strengthen the voice of the advice profession and improve trust in the sector. The Personal Finance Society has stepped up its consumer profile with the launch of a money guidance website, while ex-IFA Association director general Garry Heath plans to work closely […]

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Ukip rejects Farage’s resignation

Nigel Farage will remain the leader of Ukip after the party rejected his resignation. Farage announced he would step down on Friday after failing to win the seat of South Thanet, as he had promised in the run up to the general election. But Ukip’s national executive committee has “unanimously” rejected his resignation, saying the […]

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Towry open to talks on saving Sesame adviser school

Towry says it is willing to enter discussions with other advice firms on how to save Sesame’s Financial Adviser School. In an update to members this week, Sesame said it will wind down the school as part of an overhaul of the business which will see it no longer operate as a network for investment […]

HMRC helping to remove artificial gains

An investment bond offers investors certain tax advantages, one of which is the ability to take partial surrenders from the investment. This facility allows the policyholder to withdraw amounts up to 5% of the amount invested each policy year on a tax deferred basis, without incurring any immediate tax liability. This tax deferred allowance can […]

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