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Pre-Budget Report to increase cost of financial planning

13:19 | 02 Dec 2008 | By David Campbell

The basic cost of tax assessment and financial planning will rise as a result of the pre-budget report, Ernst & Young’s head of private wealth Andrew Tailby-Faulkes has said.

Collins Stewart Wealth Management creates financial planning arm

10:58 | 01 Dec 2008 | By Dylan Lobo

Collins Stewart Wealth Management (CSWM) has launched a financial planning service ahead of its plans to enter the Sipp market.

Darling under fire over 'crazy' tax brackets

09:00 | 01 Dec 2008 | By Edward Lander

The government has been criticised for suggesting ‘crazy’ tax rules in the pre-Budget report that will see some high earners pay a smaller tax rate than those on lower income brackets.

Lifetime allowance freeze gets the cold shoulder from advisers

09:00 | 01 Dec 2008 | By Edward Lander

Pensions experts and advisers vocied concerns about the government's decision to freeze the lifetime allowance.

Adviser Barwell hits out at trust tax hike

15:35 | 27 Nov 2008 | By Daniel Grote

Yorkshire-based adviser Clive Barwell has accused the government of taxing trusts 'out of existence' after it increased the rate levied on them to 45 per cent.

Government spells out wide-ranging offshore inquiry

19:31 | 24 Nov 2008 | By Edward Lander

(Update) The government has highlighted the areas it wants to investigate in its inquiry into offshore financial centres and their stability during current market conditions.

Children and families not given enough, say critics

19:06 | 24 Nov 2008 | By Lorna Bourke

There were notional increases in benefits for children and families although the £1.20 a week increase in child benefit is not going to do much to get people back into the shops.

ABI criticises lack of savings focus in pre-budget report

18:51 | 24 Nov 2008 | By Edward Lander

Insurers have criticised the lack of focus on savings in the pre-budget report.

Aifa supports Darling’s support package for small businesses

18:17 | 24 Nov 2008 | By Iain Martin

Aifa has welcomed Darling’s proposals to support small businesses with tax cuts and making more money available for troubled firms.

Tax rises spell disaster for small businesses, says Rees-Mogg

18:08 | 24 Nov 2008 | By Richard Harris

Increases in national insurance contributions and the top rate of tax will prevent pay rises for employees next year, disincentivise recruitment and penalise entrepreneurs, a leading venture capital expert has warned.

Savings Gateway: Govt pledges 50p for every pound saved by lower earners

16:54 | 24 Nov 2008 | By Edward Lander

Lower income savers have been promised 50p for every £1 that they save under the government's Savings Gateway scheme to be launched in 2010.

PBR 2008: Tax increase could lead to exodus of wealth, says PSigma

16:46 | 24 Nov 2008 | By Dylan Lobo

The tax increase for the rich was one of the headline measures in today’s pre-Budget report, but it could prove ineffective if the ultra wealthy choose to quit the UK before the new regime comes into force.

Aifa urges tax cuts for SMEs in pre-budget report

17:07 | 21 Nov 2008 | By Richard Harris

The Association of Independent Financial Advisers says the government should use the pre-budget report to lower, not raise, the level of corporation tax as small and medium sized enterprises suffer the brunt of the downturn.

Adviser spots opportunities in Bank governor’s gloom

12:30 | 20 Nov 2008 | By Edward Lander

Plan to raise public spending to reduce severity of recession 'would increase tax burden and create prospects for advice about mitigation of liabilities'.

Barclays to help advisers create bespoke offshore bonds

14:45 | 17 Nov 2008 | By Maryrose Fison

The investment banking division of Barclays has unveiled a service that allows financial advisers to design structured products tailored to individual needs

EIS can exploit tax changes, says Bloch

12:30 | 30 Oct 2008 | By Richard Harris

New capital gains tax regime means enterprise investment schemes can cut charge for higher rate tax payers to 18%, says Taxbriefs' man.

StanLife flags benefits of excluded property trusts

09:30 | 23 Oct 2008 | By Michelle McGagh

There's a good way to keep non-resident clients' foreign property out of the tax man's reach when carrying out estate planning, Standard Life says.

Charitable focus can build relationships, says Shah

09:30 | 09 Oct 2008 | By Maryrose Fison

The growing number of planners who discuss charitable donations with clients develop long-term relationships, says Capital Community Foundation.

Deutsche Bank secures distributing fund status for ETFs

00:01 | 06 Oct 2008 | By Daniel Grote

Deutsche Bank has secured distributing fund status for all of the ETFs made available through its db x-trackers range during 2007, meaning investors will be liable to capital gains tax (CGT) rather than income tax on gains.

Laird plans investment-backed equity release

00:01 | 26 Sep 2008 | By Iain Martin

Adviser's move to boost recently reduced incomes of expat clients in Spain will use national stockbroker as discretionary manager.

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