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My PFS - Technical news - 13/10/2015

09 October 2015
Personal Finance Society news update from 23 September 2015 - 6 October 2015 on taxation, retirement planning, and investments.    Read more »

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Business protection trusts in 2015 »

We have recently reviewed personal protection trusts and this month we look at business assurance arrangements and how, if at all, these may be affected by the recently announced changes to inheritance tax (IHT).

Recent tax developments »

In this month's article we take a look at:-

  • HMRC consultation on the downsizing concession for the inheritance tax (IHT) residence nil rate band.
  • The gradual reduction to the basic rate of the tax relief on mortgage interest for buy-to-let investors.

The real value of active managers »

Just how many conferences have you been to over the years where they set up a 'key debate' between active and passive fund managers to see who is going to prove themselves as being better than the other? Frankly I find them really rather tiresome, and it normally ends up with an active manager being harangued for some poor stock choices and higher costs. Yes predictably the discussion ends up around cost which really doesn't get to the heart of the matter. The truth is of course in the makeup of what is actually inside the funds themselves, be they passive or active, which makes the difference. Thus there are both good and bad active and passive funds.

Transfer law has changed »

There has been much regulatory chatter since the new pension flexibilities were announced. Time then, to remind ourselves of what DWP and HMRC legislation has to say on the subject of transfers from occupational pension schemes.

Insurance Institute of London

The Insurance Institute of London (IIL) aims to raise the levels of professional knowledge of those working in insurance in London and assists members in their career development and supports the role and work of the CII. Podcasts, videos and lecture notes from past IIL lectures are available on this site.

IIL lectures »

Policy and Public Affairs

The CII is committed to enhancing the reputation and standing of the insurance and financial services sector. To support this, Policy and Public Affairs produce material covering a wide range of subjects including UK and European regulation, industry developments, legislation and regular public affairs updates.

Policy research »