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News

Wrap/platforms

FundsNetwork builds 'no advice' option to counter legacy confusion

Platform FundsNetwork is developing functionality to allow advisers to declare whether or not their post-RDR activities constitute "advice" in a bid to clear up ambiguities surrounding legacy commission.

clock 16 January 2012 •

Tax Planning

Budget 2012: Lib Dems call for mansion tax on £2m homes

The Liberal Democrats are urging Chancellor George Osborne to include a mansion tax on homes worth £2m or more in his Spring Budget announcement.

clock 16 January 2012 •

Income

Just Retirement cuts lifetime mortgage rate

Just Retirement has reduced the interest rate on its Roll-Up Lifetime Mortgage rate from 6.5% AER to 6.4% AER, with effect from January 12.

clock 16 January 2012 •

Offshore Investment

Expatriate warning from HMRC

Advisers are urged by HM Revenue & Customs (HMRC) to warn expatriate clients to be on their guard against falling victim to ‘phishing' emails sent out by fraudsters in the run-up to the self-assessment deadline of 31 January.

clock 16 January 2012 •

Offshore Investment

Bond funds remain most popular asset class worldwide

Latest figures from the European Fund and Asset Management Association (EFAMA) reveal that bond funds were the most popular asset class worldwide in Q3 last year, although down on previous quarter.

clock 16 January 2012 •

Your profession

HMRC staff to strike on tax filing deadline day

HMRC staff are set to go on strike on 31 January, the self assessment filing deadline day.

clock 16 January 2012 •

Protection

Third of Britons have nothing left from monthly pay

Bright Grey has urged Britons to cut back on spending to help stabilise their finances and provide enough to secure a safety net for emergencies.

clock 16 January 2012 •

Economics / Markets

Five things your clients will call you about this week

It's our round-up of the stories your clients may have read in the nationals over the weekend and this morning...

clock 16 January 2012 •

Investment

Aegon: Ending trail on fund switches would be 'disastrous'

Insurer Aegon has warned of the "disastrous" ramifications of removing trail commission following a fund switch - a move the FSA hinted at in its latest consultation paper on legacy commission.

clock 16 January 2012 •

Long Term Care

LTC fees cap to almost double - report

The government is expected to recommend a cap on long-term care (LTC) fees of between £50,000 and £60,000, according to a report.

clock 16 January 2012 •
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