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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The FCA and the Insolvency Service have signed a new deal to crackdown on misconduct after firms collapse. Directors at firms that are collapsed or under investigation are facing tougher measures under the terms of the ‘memorandum of understanding‘, which will see the FCA and the Insolvency Service sharing more information in an effort to […]
Charles Stanley Direct has become the latest company to shun Neil Woodford’s flagship Equity Income fund from its list of preferred holdings. Charles Stanley’s Foundation Fundlist is a 54-strong set of the firm’s “highest conviction investment ideas” across active, passive and investment trusts covering major sectors. The LF Woodford Equity Income Fund had been on the […]
Ftse100 pension plans have made it back into the black for the first time in more than 10 years, a new analysis shows. Schemes back by the UK’s largest 100 listed business posted a combined £4bn in accounting surpluses as at the end of last year, according to an accounts trawl by consultants Lane Clark […]