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Darling fails to offer CGT concession on investment bonds

Chancellor Alistair Darling's maiden Budget speech today did nothing to undo the damage done to confidence in offshore bonds following the announcement of a new 18% flat rate of capital gains tax in October's pre-Budget report.

clock 12 March 2008 •

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Skandia reveals European Best Ideas line-up

Skandia Investment Group has unveiled the manager line-up for its new European Best Ideas fund, a Dublin-listed Oeic that will launch on 26 March.

clock 12 March 2008 •

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Policyholders should decide on NU orphan assets-advocate

Policyholders with interests in £5bn of inherited assets in two of Norwich Union's with-profits funds should be allowed to make their own decision on the provider's proposed offer, advocate Clare Spottiswoode says.

clock 12 March 2008 •

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IFA voice 'will be heard' on Euro regulation - AIFA

THE Association of Independent Financial Advisers (AIFA) has established a new European Advisory Committee to offer advice to the EC on retail financial services and ensure that the IFA voice is heard at European policy making level.

clock 12 March 2008 •

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Citigroup's UK consumer business boss quits - papers 12 March

The head of Citigroup's UK consumer business has quit after overseeing a controversial decision last month to withdraw thousands of Egg cards from customers, reports The Telegraph .

clock 12 March 2008 •

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IFAs improving marketing awareness - Tenet

A MEMBER survey by Tenet has revealed that the adviser support group's marketing awareness programme (MAP) has positively impacted advisers' views on the importance of marketing their services.

clock 11 March 2008 •

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Trade associations join forces to offer finance guide

THE top financial trade associations have teamed up to compile a pack of information to help MPs' constituents with financial issues.

clock 11 March 2008 •

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NRock ends sub-prime business - papers 11 March

Northern Rock is withdrawing from the sub-prime mortgage business, bringing to an end a partnership with US investment bank Lehman Brothers, The Telegraph .

clock 11 March 2008 •

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New rules lift burden of IHT reporting

New rules announced by HM Revenue and Customs will dramatically reduce the paperwork involved in reporting lifetime gifts that are immediately chargeable to inheritance tax (IHT).

clock 10 March 2008 •

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Report shows 82% of non-doms considering leaving UK

A survey by Investec Bank (Channel Islands) among its customers has found that more than three-quarters (82%) of UK resident non-domiciles are considering leaving the country in light of the UK Government's crackdown on foreign earnings, as well as changes...

clock 10 March 2008 •
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