High Net Worth
Budget: What it means for pensions

It was billed as an austerity Budget, but here are the details of what it means for pensions

Tax Planning 

Lynsey Siveter, Barlow Robbins

A taxing issue

Recent research has revealed British people are keen to carry out estate planning in order to avoid inheritance tax (IHT) charges which they view as unfair. However, rather than simply accepting it, people in the UK are attempting to prevent their loved ones from having to pay it.

 
More advisers to select discretionary management, says HNW survey

Regulatory pressures are forcing more independent financial advisers (IFAs) to abandon investment advice in favour of engaging a discretionary fund manager (DFM), according to a new report by highnetworth-online.com.

Investment 
Attempt to poach clients merely expression of "surprise", claims IP

An IFA firm has been accused of trying to poach a rival’s clients by suggesting they could save money by abandoning their current adviser.

 
Vernon Dennis

Vernon Dennis

Pension savers can't get no relief

Less than a year since the introduction of a brand new personal insolvency process, the debt relief order, reform of the procedure has proved necessary

Investment 
Reports slam fund fees that 'exceed returns'

Two reports into fund management have slammed the charges that managers apply to their funds, claiming they often exceed the funds’ returns.

Retirement Products 
Sipp providers 'must try harder'

Self invested personal pension (Sipp) providers are failing to meet the standards expected of them by advisers, according to new research.

E-mail Updates

Poll

Relationships with discretionary fund managers (DFMs) will become more important with IFAs as we move towards RDR.

  • Absolutely. Can't do it myself, so why not get a specialist to manage my investment process?
  • Yes, I intend to use DFMs when they are suitable for specific clients, but not across the board.
  • Not sure. I have mixed feelings about outsourcing the investment.
  • No, I've had bad experiences in the past and I'm not sure I would trust a DFM with my clients.
  • Over my dead body. You couldn't pay me to use a DFM.
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