Chancellor George Osborne has announced that insurance premium tax (IPT) will increase by 0.5% to a rate of 10%.
This is the second increase to IPT in less than nine months. Osborne said:"I am going to increase the standard rate of insurance premium tax by just half a percentage point - and commit all the extra...
Some passive fees reduced by 50%
Creates platform with £35bn AUA
'Annuities reinvented' paper
As US dollar strengthens