News
Tax & Technical | news 17 Jul 18
Rich using life insurance to protect against inheritance tax
Life insurance can play a vital role helping wealthy international UK residential property owners protect themselves against future inheritance tax (IHT) bills, according to lawyers Howard Kennedy.
Best Practice | news 17 Jul 18
Model portfolio risk labels ‘dangerously naive’
The UK’s Financial Conduct Authority has taken aim at risk-targeted model portfolios in its platforms study, which has sparked calls for platform providers to re-evaluate “subjective” branding and the amount of information they disclose.
Pacific Asset Management partners with UK advice firm
The asset management arm of Pacific Investments Group has entered into a strategic partnership with financial advice business Chartered Financial Management (CFM(UK)).
Work expense claim errors blamed for A$8.7bn blackhole
Incorrectly claimed work expenses have been blamed for a multi-billion dollar black hole at the Australian Tax Office.
Fixed Income | news 16 Jul 18
Royal London AM targets IFAs and 5% with income bond fund
Looking to exploit the inefficiencies inherent in credit markets, Royal London Asset Management will launch a monthly income bond fund later this year aimed at advisers and targeting an income of 5%.