Wealth management technology firm JHC Systems has hit out at providers wanting to delay the launch of the government's Lifetime ISA, saying they should not be using functionality "as an excuse".
JHC Systems, which owns the FIGARO system for wealth managers, said providers were hiding behind a perceived lack of clarity on LISA functionality when they should start working on their back office systems...
ISA tax relief cost £3.3bn in 2018/19
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It’s instinctive that clients want to avoid tax charges, and it’s no different when it comes to the lifetime allowance, but kneejerk reactions could result in more negative outcomes for the client. In this article Neil MacGillivray explains how advisers...
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