FundsNetwork is launching a second version of its tax wrapper analyser, giving advisers an upgraded comparison tool and an analysis function for high-rate taxpayers.
The new version of the Tax Wrapper Analysis introduced in 2008 allows advisers to compare the ISA to three other tax wrappers: the onshore bond, offshore bond and collectives. It has also been upgraded in line with the 50% tax band coming into effect next April for those earning over £150,000. In addition, Fidelity says the tool will allow advisers to be more precise about any changes to TERs. Paul Kennedy, head of tax and trust planning at Fidelity, says the choice of tax wrapper is paramount and can greatly influence the client's return on investment. "It is such a shame that hou...
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