United Kingdom
Old Mutual Wealth buys Quilter Cheviot for 585m
In an effort to bulk up its offering to high net worth clients, Old Mutual Wealth has agreed to buy discretionary manager Quilter Cheviot for £585m.
FTSE plummets but could be opportunity
The FTSE 100 has plummeted in morning trading, falling as much as 2% at one point before bouncing slightly.
BlackRock tool launched to help plan future
BlackRock has launched an interactive tool to help advisers and consumers plan for the future.
United Kingdom | 15 Oct 14
Experts cameron aim to shoehorn IHT nil rate hike
UK prime minister David Cameron has raised the prospect of increasing the nil rate band for inheritance tax in the government’s final Budget before the next general election, which has been welcomed by international life industry tax experts.
United Kingdom | 15 Oct 14
Another blow to QROPS
In the Taxation of Pensions Bill, debated in the House of Commons yesterday, and accompanying notes published by HMRC, a new requirement for QROPS to be tested against the lifetime allowance (LTA) more than just at crystallisation, has been inserted.