Wrap/platforms
Wrap/platforms
Fidelity FundsNetwork is to bring forward all rebate payments accrued in the current tax year to before 6 April, in a bid to avoid income tax levied by HM Revenue & Customs (HMRC).
28 March 2013
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Wrap/platforms
Skandia has expressed frustration at rival platforms failing to allow electronic re-registration of assets, despite being required to do so under the Retail Distribution Review (RDR).
27 March 2013
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Wrap/platforms
Standard Life is to press fund managers to launch cheaper share classes for large platforms, after HM Revenue & Customs (HMRC) said it would apply income tax to unit and cash rebates.
26 March 2013
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Wrap/platforms
Legal & General has acquired the remaining 75% of Cofunds it does not currently own, in a deal worth £131m.
26 March 2013
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Wrap/platforms
Legal & General (L&G) has agreed to acquire the 75% share capital of Cofunds which it does not already own, for a cash consideration of £131m.
26 March 2013
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Wrap/platforms
The decision by HM Revenue & Customs (HMRC) to tax rebates to consumers has prompted Skandia to review its recently announced unbundled charging structure, Investment Week can reveal.
25 March 2013
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Wrap/platforms
Alliance Trust Savings (ATS) is to convert its legacy business to clean share classes, after HM Revenue & Customs (HMRC) announced it will tax unit and cash rebates.
25 March 2013
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Wrap/platforms
Platforms have predicted the swift death of the rebate model following confirmation that HM Revenue & Customs (HMRC) will apply income tax to both unit and cash rebates.
25 March 2013
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