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VCTs to get tax relief boost

Investors in venture capital trusts look set to receive 40 per cent income tax relief on investments up to £200,000 under new rules outlined in the Budget.

In his speech, Chancellor Gordon Brown said he would boost the amount of relief available to 40 per cent from 20 per cent but he did not indicate whether this would split between trusts and investors.

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Universities&#39 scheme switches managers

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Clerical puts forward new fund collections

Clerical Medical is introducing a new range of fund collections graded according to risk as defensive, cautious and balanced for a range of its products including individual personal pensions Available from March 2004, the collections recommend holding for funds from in-house fund manager Insight Investment and external fund managers UBS, Newton and Schroders. Clerical retail […]

Howard hammers borrow now tax later Chancellor

Leader of the Opposition Michael Howard has hammered the Chancellor&#39s Budget describing it as a borrow now tax later budget from a borrow now tax later Chancellor. Howard slammed the party&#39s savings record revealing that the number of people saving has fallen by 5 per cent from 10 per cent to 5 per cent.

Clerical Medical offers new fund range of fund collections

Clerical Medical is introducing a new range of fund collections graded to risk – defensive, cautious and balanced – available from March 2004. The collections are made up of funds from Insight Investment, Clerical Medical&#39s in-house fund manager, and from its external fund managers UBS, Newtons and Schroders.Retail funds marketing manager Amanda Pitt says: “We […]

Benefits - thumbnail

Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.

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