From an equity investment perspective, the world looked a risky place as we entered 2016 and these risks have already weighed heavily on financial markets in the first few weeks of the year. January’s extreme weakness persisted until the middle of February, before stocks staged a tentative and lopsided recovery. As has so often been […]
Easter prompted an unexpected rise in March inflation to 0.5 per cent from 0.3 per cent in February, the Office for National Statistics revealed today. Core inflation, which strips out volatile components such as food and energy, rose 1.5 per cent. Hargreaves Lansdown senior economist Ben Brettell says economists had expected a smaller rise of 0.4 per […]
The cuts in capital gains tax for most investments are set to make a major difference to tax and investment planning. Just to recap, George Osborne announced in his March Budget the rates of CGT would be reduced by 8 per cent after 5 April for the tax year 2016/17. Most gains that have previously […]
On 7 March the senior managers and certification regime went live for banks, building societies, insurance companies and credit unions. There has been much coverage of the changes and the rest of the financial services industry will also be subject to this regime from 2018. Firms currently subject to the framework are working their way […]
Canada Life IHT Survey 2016 Only a quarter of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than required More than a quarter don’t even have a will and just one in five have gifted money Many say they do not need these tools but families would […]
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]