Only 1 in 5 IFAs believe in A-day 2005

Latest research carried out by the Edinburgh-based insurer shows that just 21% of advisers believe the implementation date for the proposed single tax regime of April 2005 is achievable, but only if detailed regulations are known before the Budget announcement next year. Scot Eq says chancellor Gordon Brown's announcement last week to delay until next April any decision on adopting the new simplified tax regime means that advisers, customers and providers must assume that it will go ahead but won't be able to begin planning until Budget day. This leaves the industry with just one year t...