Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

1970s tax levels, global investing and P2P lending - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

How Labour will take tax rates back to the 1970s Depending on how the country votes on 8 June, tax planning could have shot firmly to the top of clients' personal finance agendas by the end of this week - and particularly if they happen to have read this Telegraph Money piece, which suggests income tax rates will be raised to 1970s levels if Jeremy Corbyn and his Labour party win the general election. After some intricate calculations, notes the article, the Institute for Fiscal Studies has found Labour's manifesto-pledged reintroduction of a 50% rate of tax, alongside an existing anom...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read
FCA flags progress on internal DEI targets and urges action on Consumer Duty

FCA flags progress on internal DEI targets and urges action on Consumer Duty

According to the FCA report 2024-2025

Sahar Nazir
clock 11 July 2025 • 2 min read
FCA reviewing client categorisation rules to distinguish retail investors from the pack

FCA reviewing client categorisation rules to distinguish retail investors from the pack

Goal of 40 more initiatives to be completed by year end

Eve Maddock-Jones
clock 10 July 2025 • 2 min read