Embracing a broad approach to tax wrappers will be the best strategy for clients to maximise returns and minimise their tax liability.
The 2010 election has ushered in a new era of politics according to the coalition Government. Economically it may, perhaps feel like we have been here before and if so what can we learn from the past when planning for today’s clients. In 1979 Mrs Thatcher came to power with record levels of national debt. In 2010 David Cameron has inherited a record public sector net debt (PSND) of £890bn, equivalent to £35,317 per household. As a country the UK spent £155bn more last year (2009/10) than its income and it is this that the coalition is committed to reducing significantly. The Thatcher ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes