The 50 per cent tax on bonuses over £25,000 will make London a significantly less attractive for foreign owned banks, according to the British Bankers’ Association.
Nationwide – Two Year Fixed Rate Mortgage With Reservation Fee
The directors of Miton Asset Management are no longer pursuing a management buyout of the business.
Marketing a repossessed property comes with significant responsibilities. Following the news that the Financial Ombudsman Service has received complaints about disputed property valuations on the sale of repossessed homes, it appears I am not alone in this sentiment. Despite Robert Sinclair declaring “the problem is property is only worth what people will pay for it […]
Skandia head of tax and financial planning Colin Jelley says the Government’s decision not to raise capital gains tax is just “delaying the inevitable”. CGT currently stands at 18 per cent and was paid by 269,000 people in 2007/2008. Industry experts expected the Chancellor to align CGT more closely with income tax which is 50 […]
When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]
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Lawyers who represent investors against Berkeley Burke over allegations of mis-sold Sipps estimate more than 1,000 claims could be in the pipeline. The High Court has approved a group litigation order relating to claims against Berkeley Burke Sipp Administration, and those affected have until 23 July 2018 to register to join the group action. It […]
Do not be spooked by recent falls. The bull market has further to run. Stockmarkets have been thriving in the not-too-hot, not-too-cold “Goldilocks” backdrop of the last few years. Growth has been strong enough to boost profits, and inflation low enough to keep central bank policy loose. Recent stockmarket weakness is centred on signs that […]
The FCA continues to engage with the asset management industry on new European regulations as questions remain over how firms should report costs and charges. After over a month since Mifid II and Priips came into force, concerns have been raised on how fund fees, in particular transaction costs, should be calculated under the two […]