The purpose of these posts is to report article content that may be of interest. Any information should not be construed as specific financial advice. Therefore, before any financial decision is made or plans are implemented, independent financial and/or legal and/or accounting advice should be sought.

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Friday, 19 February 2010

Financial News Update we 19/02/2010

Well, what a stir HMRC has caused recently, firstly they made their views clear on the legal profession and their role in giving tax advice (http://bit.ly/b2qEUq) and now it would seem they are targeting the financial profession with suggestions they will pursue anyone giving advice - resulting in a reduction in tax revenue - but is that not the point of the advice in the first place?!...

Oh well, at least they have agreed to extend the consultation for now (http://bit.ly/d6HWfT) , otherwise no more ISA advice for a start!...

Otherwise, it’s been pretty quiet this week but a few articles worth mentioning…

Estate Planning

A death tax is the fairest one. Yet now no voter will buy it http://bit.ly/bqKsy1

Long Term Care

Mandy attacks Cameron's death tax 'wrecking ball' http://bit.ly/cRZLxO


More flexibility in third way pensions http://bit.ly/cZo7fP
Overseas pensions may look good, but beware the sting http://bit.ly/bX0NYZ
Retirement planning savings 'not keeping pace with inflation' http://bit.ly/9ILk0W


ISA savers may experience 'difficulties' in 2010 http://bit.ly/9NqMUi
Isa Insight: bond funds http://bit.ly/bK8f1b
Which funds are the best bet for the better off? http://bit.ly/aaKdIT
Where the experts would invest now http://bit.ly/bKBzAD

Lastly, just in case next time “it’s you!”, here are a few ideas from The Guardian on how to spend... sorry, I mean manage, your lottery millions! http://bit.ly/cI2RAv



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