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News

Tax Planning

Inflation falls to lowest rate on record

Inflation fell to 0.3% in January, the lowest level ever recorded and firmly below the Bank of England's 2% target.

clock 17 February 2015 •

Investment

IFA publishes damning report on 'dreadful' Phoenix with-profits funds

Phoenix Life is deliberately withholding accurate performance data on the £37bn of with-profits bonds it manages in order to keep investors from exiting the "dreadful" investments in droves, according to a damning report by an IFA.

clock 17 February 2015 •

Pensions

Savers face 'complaints gap' on pensions guidance

Retirees will have little comeback if they receive poor guidance outside of the Treasury's Pension Wise service, lawyers have warned.

clock 17 February 2015 •

Investment Trusts

FundsNetwork signals investment trust push in Woodford offer

Fidelity FundsNetwork is to make Neil Woodford's Patient Capital trust the first externally-managed investment trust available on the platform, in what it says is a "clear intention" of more to come.

clock 17 February 2015 •

Investment

More pictures from the Professional Adviser Awards 2015

More pictures from the Professional Adviser Awards 2015

clock 16 February 2015 • 1 min read

Investing in the profession

Tavistock shareholders unanimously approve Financial Ltd takeover

The shareholders of Tavistock Investments have approved the firm's takeover of Standard Financial Group and its troubled adviser network Financial Ltd.

clock 16 February 2015 •

Managed solutions

Multi-asset managers ready shock absorbers as correlations rise

Multi-asset managers are adopting a range of strategies to protect portfolios if asset class correlations begin to break down, turning to sector-specific investments and raising cash.

clock 16 February 2015 • 3 min read

Economics / Markets

Japan emerges from recession but growth misses estimates

Japan came out of a recession last year after two consecutive quarters of negative growth.

clock 16 February 2015 •

Economics / Markets

Low inflation prompts CBI to raise UK growth forecast

The Confederation of British Industry (CBI) has upgraded its UK growth forecast in the face of low inflation and falling unemployment figures.

clock 16 February 2015 •

Income

Lifetime cap to bite young savers, research

The £1.25m lifetime cap on tax free pension savings will affect workers who retire on anything from £20,000 a year, meaning those who start to save early could face tax charges of 55% when they retire, according to new research.

clock 16 February 2015 •
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