Tax & Technical | 11 Mar 14
discretionary trusts need not be
Much has been made of the complicated IHT and exit charges on discretionary trusts, but the income tax calculations are equally as complex. Mark Green, of I-Tax Solutions, offers financial advisers a simple, non-controversial method of mitigating the taxation
Profiles & Comment | 11 Mar 14
core values life trends with ioma group
Chris Kenning, group CFO at the Isle of Man-headquartered IOMA Group, explains how, despite a period of transition for the company, its underlying founding principles of integrity and honesty will never change.
growth in pensions biz helped stm
STM Group, the London-listed, Gibraltar-based provider of QROP schemes and wealth structuring services, said its pensions and STM Life operations were largely responsible for helping it to post a pre-tax profit of £269,000 (323,000, $447,000) last year, after a loss of £4m in 2012.
uks fscs looking into uk advisory firm
The UK’s Financial Services Compensation Scheme says it is “continuing to investigate” claims against TailorMade Independent, a UK advisory firm, to determine its “involvement in advising its clients to transfer existing pensions into Self Invested Personal Pensions” that were then invested in risky products.
castlestone returns with equity and high
Castlestone Management, one of many casualties of the 2008 financial crisis, has returned to the market with a new, equity and high yield income fund.