Wells Street Journal: Adviser eyes internet empire

How did you spend your Budget day?

Most will have been glued to office chairs, interpreting the Chancellor’s words, the 100 page Budget document and several consultations, trying to work out the consequences for their firms.

No doubt some hardy souls were down the local Wetherspoons playing Budget bingo, sloshed by Osborne’s 30th mention of ‘tax’.

But WSJ wagers very few followed Wingate Financial Planning director Alistair Cunningham’s lead. Despite being under strict orders from sister title Money Marketing’s hacks to help decipher the Treasury’s second hand annuities consultation, the adviser found a spare moment to register a few domain names.

Consequently web addresses www.individualprotection2016.co.uk and www.fixedprotection2016.co.uk are now in Cunningham’s virtual possession. And it appears he has form. At the 2014 Budget he snapped up www.ufpls.co.uk in an entrepreneurial move to direct those curious about the new uncrystallised funds pension lump sums to his firm’s services.

While WSJ bows to Cunningham’s tech savvy, one has to wonder whether the clunky acronym ‘UFPLS’ will ever be used in the real world.

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