Osborne Puts A Spoke In Pension Recycling Loophole

Osborne Puts A Spoke In Pension Recycling Loophole

A pension ‘recycling’ loophole has been plugged by the government as part of new pension reforms. Under current rules, nothing would stop a retirement saver drawing their 25% tax free lump sum from a pension and then … MUST READ

Don’t Follow A Fallen Star Fund Manager

Don’t Follow A Fallen Star Fund Manager

Just because a star fund manager leaves, investors should not follow suit and jump ship, according to industry experts. Eleven funds which were left without a leading fund manager at the helm had their returns analysed by … MUST READ

Why Buying The Wrong Annuity Can Cost

Why Buying The Wrong Annuity Can Cost £17,000

Failing to shop around for the best annuity rates can cost retirement savers thousands of pounds, according to new research. The income gap between the best enhanced rates and the worst standard rates is almost a third. Over … MUST READ

Inheritance Tax Checklist

Inheritance Tax Checklist

Making a financial inventory of your life sounds easy, but listing what you own of value and what you owe can take some time to work out. The list should be detailed and it might help to label small belongings of value to give … MUST READ

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Latest News

Investments

Finding a Peer to Peer Lender

Finding a Peer to Peer Lender

Peer to peer lending is a network of investors ready and willing to lend their cash through an online platform that manages their money. The platform takes on marketing the service, sourcing customers and underwriting loans. The service is still in its infancy and a limited number of platforms … [Read more...]

Tax

New Law Allows Courts To Jail Offshore Tax Cheats

New Law Allows Courts To Jail Offshore Tax Cheats

A new criminal offence of failing to declare offshore income to HM Revenue & Customs (HMRC) will be introduced by the British government in a bid to stem tax evasion. Chancellor George Osborne has announced a consultation on the new law will start soon. The measure will reverse the current … [Read more...]

News

Peer-To-Peer Lending FAQ

Peer-To-Peer Lending FAQ

Peer to peer lending is an alternative investment paying higher returns than the banks to expats and retirement savers while helping individuals and businesses with their financial needs The principle is simple – online platforms match make deals between private lenders who step in and take the … [Read more...]

News

Cyprus Homes Lined Up For Cut Price Auctions

Cyprus Homes Lined Up For Cut Price Auctions

Cyprus property owners have discovered some of the details of how their homes will be repossessed and sold as the result of a leaked government document. The government has had to agree a tough process to repay a bail-out of billions of euros which includes property repossession for owners who … [Read more...]

News

Brokers Fail To Put Customers First, Says FCA

Brokers Fail To Put Customers First, Says FCA

Share dealers are failing to consider the best interests of customers when trading shares, commodities and fixed income financial products, says the Financial Conduct Authority (FCA). FCA investigators looked at 36 banks and wealth managers and how they handled best execution for … [Read more...]

News

Ebola Task Force Set Up to Combat Deadly Virus

Ebola Task Force Set Up to Combat Deadly Virus

Governments and doctors are at last joining forces in a bid to combat the deadly Ebola virus epidemic in West Africa. As Sierra Leone declares a state of emergency after the deaths of 233 virus victims, the World Health Organisation (WHO) has met leaders of the affected countries to set up a £59 … [Read more...]

Currency

Time To Revisit US Stocks And Shares

Time To Revisit US Stocks And Share

It’s time to revisit US stocks and shares despite a strong showing on the markets this year, says an industry expert. Traditionally, the markets dip in June, causing savvy investors to sell in May. However some fund managers consider that US equities may pick up later this year due to high … [Read more...]

News

Instant Fines For Expat Visa Violations

Instant Fines For Expat Visa Violations

Immigration authorities are cracking down on overstaying expats in Macau with hefty instant fines. Macau is a special administrative district of China with local residence and visa rules. The moves follow Macau’s Immigration Department publishing a new rule tightening up visa overstay … [Read more...]

Tax

New Power For HMRC To Chase £7bn Of Unpaid Tax

New Power For HMRC To Chase £7bn Of Unpaid Tax

Thousands of taxpayers and businesses are about to risk having more than £7 billion in disputed tax snatched from their bank accounts by HM Revenue & Customs (HMRC). HMRC will receive clearance to claim the cash when the Finance Bill 2014 receives Royal Assent within a few days. The bill … [Read more...]