investment

HM Revenue & Customs has provided written confirmation that gifts put into absolute or bare trusts for minors will avoid tax charges by being classified as Potentially Exempt Transfers rather than Chargeable Lifetime Transfers.

The Treasury Select Committee has announced it is to start an inquiry into private equity funds, which will cover the regulatory and economic environment, and the current taxation regime.

Ed Balls, Economic Secretary to the Treasury, has launched proposals to introduce an unclaimed assets scheme which would allow money laid dormant in bank and building society accounts for 15 years to be reinvested "in society".

Financial advisers are being targeted by a series of roadshows hosted by Reita which outline the benefits of Real Estate Investment Trusts.

Increased market volatility will characterise the investment world over the coming months, according to Baring Asset Management.

Prudential has taken the first step towards withdrawing funds from its inherited estates by this morning announcing its nomination for a policyholder advocate.

We are now well into March and as usual everyone's thoughts are turning towards the Budget, with many looking into their crystal balls to try and predict what surprises and u-turns the Chancellor will spring on us next Wednesday.

Administration has been replaced by investment options as an adviser's key worry, according to research.

The majority of cohabiting couples could be leaving their partner unprotected when they die by not leaving a will, as 55% falsely believe the concept of ‘common law marriage' provides the same rights as married couples.

Zopa has confirmed it is in progressive talks with a number of specialist Self Invested Pension Providers to allow ‘social lending' to become an acceptable asset class for a pension.