The June 2018 review of constituents for the main Emerging Markets Index has produced a few surprises. The MSCI Emerging Markets Index is one of the most important global stock market indices. JP Morgan, the US investment bank, estimates that nearly $1,500 billion is either benchmarked against the index or directly tracks it, […]
Action Fraud sees 12,372 cyber crime reports in six months. Hacking of social media and email accounts at the forefront of cyber crime impact. Protect yourself – use strong, separate passwords to avoid falling victim to hackers. The City of London Police, the national lead force for fraud which runs Action Fraud, the national fraud […]
ISAs are a great way to save, and there are now several types, each designed to help young and old, home buyers and children save for their future. But while ISAs are tax-efficient during your lifetime, they may have disadvantages when it comes to Inheritance Tax (IHT). It’s easy to think that ISAs are tax-free, […]
The way savings are taxed is being reviewed by the Office of Tax Simplification (OTS). The OTS is looking at the way in which savings and investment income is taxed, which can be very complicated. According to its paper, published in May 2018, “the interactions between the [tax] rates and allowances is sufficiently […]
A new report has proposed taxing the baby boomers to help resolve major issues around intergenerational fairness. The report, published by the Intergenerational Commission in May, offers ten policy recommendations which would represent a radical overhaul of the UK tax system. Examples include replacing inheritance tax with “a lifetime receipts tax that is […]
Life insurance can be the financial buffer that stops a painful bereavement also becoming a financial tragedy. A payout from a policy could help your family keep a roof over their heads and cover the household bills if you were no longer around. But it’s just one of the many types of policy that can […]
