View more on these topics

Widows shows how to save tax

Scottish Widows is offering a toolkit to help IFAs capitalise on tax-saving opportunities for their clients&#39 personal and stakeholder pensions.

The Maximise the Tax Factor marketing pack is aimed at allowing IFAs to identify potential business while highlighting the tax benefits of pension savings.

It contains information the benefits of a pension as a long-term tax-efficient savings scheme beyond short-term Isa allowances and using bond investments to make payments into a stakeholder. Other examples include how occupational scheme members can boost their tax-free cash on retirement by taking out a concurrent stakeholder scheme and using stakeholder for children to mitigate inheritance tax liabilities. A computer disk has sample approach letters. IFAs can tailor letters.

The pack has been designed to show IFAs how they can carry out tax campaigns throughout the year rather than just in the run-up to the end of the tax year.

Widows is hoping the pack will help IFAs to talk to clients about the opportunities for tax-efficient savings and how stakeholder or a personal pension can form part of a portfolio.

Widows senior marketing manager Jim McCaffrey says: “This is a simple and practical solution for IFAs who are keen to develop business from existing clients but do not have the time to go through a prolonged sales process.”

Recommended

FSA not listening to IFAs&#39 views

Having read a good deal of the of debate on CP121, it is beginning to emerge that CP121 is very much less a consultation paper than a declaration of intent.The one thing emerging above all others is that the FSA is emphatically not an open-minded or listening regulator (despite its claims to be).It has its […]

Mortgage Express one-year buy-to-let fixed

Mortgage Express one-year buy-to-let fixedType: Buy-to-let fixedFixed term: 3 June 2003Fixed rate: 1.99%Minimum loan: £40,000Maximum loan: £300,000 up to 85% LTV, £400,000 up to 70% LTV, £1m up to 60% LTVRental income: 130% of gross monthly mortgage payment Arrangement fee: 1% upon completionRedemption fee: Six month&#39s interest at underlying variable rate (base rate + 1.75%) […]

Family tickles the fancy of investors

Family Assurance is using children&#39s cartoon favourites the Mr Men to promote its tax-free junior bond.The move follows the society reaching an agreement with entertainment licensing agency, the Copyright Promotions Licensing Group, to use the characters in its promotions.From April, Mr Tickle and friends will appear on one million creative inserts and 125,000 direct-mail packs […]

IFAs warn Kelly annuities are big disincentive to pension savings

The Government came under fire over its plans to reform the annuity regime at a public forum in London last week, with its critics claiming they will do nothing to motive people to invest in pensions.The proposals would allow transfers between advisers and a limited period annuity but do not change compulsory purchase at 75.Speaking […]

Solving the income puzzle

There is a puzzle at the centre of financial markets. The global economy is growing, there are signs of inflation and interest rates are going up, yet yields remain low. In this article, James Foster, manager of the Artemis Monthly Distribution fund, unpicks this conundrum and looks at where investors can find income. There is […]

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