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Professional Adviser

Professional Adviser

Articles by Professional Adviser

Economics / Markets

FTSE dips despite miner gains

The FTSE 100 slipped in early morning trading after making a quick gain straight after the opening bell.

clock 24 June 2009 •

Offshore Investment

IOM adopts automatic exchange of information

Customers with Isle of Man (IOM) bank accounts will no longer be able to withhold their tax details from the powers that be after the island today agreed to the automatic exchange of information within the EU.

clock 24 June 2009 •

Mortgages

One in six 'prime' borrowers in negative equity

One in six prime UK mortgages is in negative equity, with the possibility this figure could climb to one in three if house prices fall in line with its expectations, Fitch warns.

clock 24 June 2009 •

Investment

Understanding higher rate tax relief

I am sure we are all aware that the government intends to include provisions in the Finance Act 2009 to restrict higher rate tax relief on pension contributions by individuals with taxable income of £150,000 or more.

clock 24 June 2009 •

Technology

Nucleus plans to raise over £3m in rights issue

Nucleus is looking to raise more than £3m in a rights issue to help clear some of the company's debt to South African insurer Sanlam.

clock 23 June 2009 •

Your profession

FSA dithering over RDR small print

Chapters of the impending RDR consultation paper have been redrafted on "numerous" occasions in recent weeks as the FSA continues to um and ah over its proposals.

clock 23 June 2009 •

Mortgages

Charter to help brokers avoid 'cowboy operators'

Sale-and-rent-back provider Residential Property Solutions (RPS) has launched a charter to encourage other firms to raise their standards and to help consumers and brokers avoid cowboy operators.

clock 23 June 2009 •

Investment

PPF makes early announcement on 2010/11 levy

The Pension Protection Fund has announced that it will set a pension protection levy estimate of £700m, indexed to wages, for 2010/11.

clock 23 June 2009 •

Investment

IFAs arrested in £2.5m pension fraud probe

IFAs and SIPP operators are among 11 people arrested in connection with a suspected £2.5m pension fraud.

clock 23 June 2009 •

Offshore Investment

US bolsters Swiss tax treaty

The US Treasury has boosted its tax information exchange arrangements with Switzerland by amending the US-Switzerland income tax treaty.

clock 23 June 2009 •
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