Small personal pension pots may be allowed to be taken as a lump sum, with couples able to combine small pots to buy a joint-life annuity.
Samantha Downes reports that income remains the driving force behinds property investment
The Chancellor Alistair Darling has revealed that the one-off 50 per cent tax on bank bonuses announced in the pre-Budget report has netted £2bn –more than twice as much as was expected.
PMS director of business development Martin Reynolds (pictured) is to leave the firm.
On the whole this was something of a Robin Hood Budget, milking the very wealthy for more tax to stave off tax rises for everyone else, for now at least.
Artemis European Opportunities Fund manager Mark Page is questioned about the merits of investing in Spanish supermarket group, Dia. Dia is a 7,000-store Spanish discount supermarket chain. But with cheaper food prices coming on to the market and an improving Spanish economy, journalist Alexis Xydias questions Mark about its inclusion in the Artemis European Opportunities […]
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Providers are reviewing their marketing packages to advisers at conferences and on websites amid concerns they will fall foul of new inducement rules under Mifid II. Mifid II, which came into force on 3 January, brought in more stringent rules around “non-monetary benefits” from providers to advisers. The rules have been translated into the FCA conduct of […]
A misleading headline rate of unemployment means opportunities are being overlooked by investors
The FSCS is budgeting an extra £3.5m to cover the cost of running the scheme this year. The management expenses levy, which is used to cover the cost of administering the scheme separately from any compensation payments made, proposed for 2018/19 by the FSCS today is £77.7 million, up 5 per cent on the previous […]