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Tyrie: Osborne’s property IHT reforms ‘a mess’

Treasury committee chairman Andrew Tyrie has branded Chancellor George Osborne’s property inheritance tax reforms “a mess”. Under proposals set out in the Budget, the main residence nil-rate band will increase from £325,000 per person to £500,000. The combined threshold for married couples will rise to £1m for married couples by 2020. However, Tyrie has written […]

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UK employment hits record high

The UK employment rate hit a record of high of 73.9 per cent between August and October, Office for National Statistics figures show. The proportion of people between 16 and 64 in work is at its highest level since comparable records began in 1971. There are 31.3 million people in work, 207,000 more than from […]

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Govt casts its shadow over the FCA

2015 was the year the Government cast a looming shadow over the FCA, from dictating the regulator’s workload to ousting its senior management. The controlling hand of Government in regulatory affairs was made abundantly clear in July when it was announced that FCA chief executive Martin Wheatley would be stepping down. A statement from Chancellor […]

Richard Parkin: The conflict at the heart of UK pensions policy

There was an audible sigh of relief from the industry after the Autumn Statement, as we made it through without any fundamental reform of pension rules. Aside from the state pension, the only other mention of note was that the Chancellor will align the increases to the automatic enrolment minimum contribution levels due in October […]

Who cares?

By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]

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