View more on these topics

Talkback

“No, I have clients who are now deliberately setting aside money to save for the stamp duty they will have to pay when they move house every five years or so. This is a huge one-hit payment that needs to be changed to help savers.”

Henry Simpson,Simpson Financial Planning

“No not at all. This has been a nonevent that has helped no-one. A number of my clients believed that the child trust fund would be an annual payment they could use as a nest egg towards fees, not a one-off payment. But the biggest thing he could have attacked would have been inheritance tax.”

Alan Corbyn,Priest Hill Financial Services

“No, he has done nothing to encourage the saver. His budget has targeted businessmen, pensioners and babies – that&#39s it.”

Ian Stevenson,Steele & Co

“No. There was nothing significant but I wasn&#39t expecting very much.”

Nick Dewhirst, Professional Investment

“Yes, I think this baby bond idea will probably promote a bit more interest among parents and grandparents to save more.”

Terry Newman,Newman Houghton & Co

“No, it really was a flat and unexciting Budget.”

Tim Purdon,Paladin Financial Services

“No. I don&#39t really think there was much in it. It was dull and boring.”

Leslie Shields,Shields Investment and Financial Consultants

“No. He bought in the child trust funds but nothing else. Even they are a bit too nanny state.”

Mark Houldey, Sterling Asset Management& Services

yes 13%

No 87%

Recommended

Barrage of protests at lifetime limit

The Inland Revenue&#39s proposal for a £1.4m lifetime fund limit linked to prices has come under fire from across the pension industry as its tax simplification consultation closes. Norwich Union says it is nonsense to base the lifetime limit on the value of the fund at retirement rather than on contributions as this will penalise […]

Fidelity extends free transfer deal

Fidelity is extending its 0 per cent initial charge offer period for Isa and Pep transfers into its investment trust range until April 30. Transfers can be made individually into a range of five trusts or into its 5-in-1 investment trust Isa package.

Standard Life endowments

I have been caught out by Standard Life with their projections of maturity values for mortgage endowments. I did not realise, until a helpful member of staff gave me the tip, that Standard Life procedure is to: •Calculate the policy cash surrender value,•Then apply a market value adjustment•And the resulting balance is then driven forward […]

DBS MD Pearson to head Misys mega firm

Misys has appointed DBS managing director Steven Pearson to head its new combined mega network of 4,000 member firms. Pearson, who was also previously managing director of Financial Options, will take control as MD of the mega network group created by collapsing all five of its existing IFA networks, Countrywide, DBS, Financial Options, IFA Network […]

Scheme pays explained

By Fiona Hanrahan, senior product insight and technical support analyst We’ve received lots of queries on scheme pays and when it can be used. This article explains how it works and the conditions which apply. What is ‘scheme pays’? If an individual exceeds the annual allowance (AA) and an AA tax charge is due, they […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com