Tax relief

The Conservatives have criticised the Treasury for being so 'secretive' over information relating to the removal of tax relief on dividends.

The FSA is amending its ICOB sourcebook to allow pure protection advisers to offer consumers pension term assurance from April 2006, albeit with enhanced requirements.

The UK government has increased the amount of tax relief available to British film productions to encourage more home grown movies, just months after unveiling VCT tax breaks aimed at the investors in British films.

Around one-quarter of financial services professionals are now advising clients on their charitable donations, says a survey conducted for the Giving Campaign.

Moves to liberalise and harmonise the internal market in financial services are not benefitting consumers because of a lack of communication between those making the rules and those affected, says APCIMS chief executive Angela Knight.