Insights
Clock Ticking On Pension Tax Breaks For High Earners
High earners do not have much time left to make the most of their pensions. The government is introducing two changes I April 2016 that will slash the size of pension funds and the amount of money the wealthy can contribute to a pension. The lifetime allowance has already dropped from £1.8 million in…
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Weekly Market Update
Notable events Following subdued trading over Thanksgiving in the US, attention this week is largely focused on the ECB meeting on the 3rd of December. Draghi and several board members have remained very dovish and signalled that the central bank is working on a number of different options to ease policy. Markets are now expecting…
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Global Gold Demand Remains Lack Lustre
The global demand for gold slightly increased in the third quarter of 2015 despite patchy performance in some markets, according to trade body the World Gold Council. Overall, gold supply was up 8% year-on-year to 1,121 tonnes, but some of the underlying markets stood still. Gold supply and demand statistics The figures from the council’s…
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Discretionary Fund Management Questions Answered
If you are looking to step up investing and are looking for expert advice, then discretionary fund management may be the tool you are looking for. A discretionary fund manager is an independent financial expert who manages a fund according to a set of parameters. These can either be tailored to a personal risk profile…
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Are You Rich or Poor – Most People Don’t Know
A survey asking a million people worldwide has returned a surprising set of answers – no one really knows. The Organisation of Economic Cooperation and Development (OECD) set up a compare your income tool online to highlight where individuals stood on the global income ladder. More than a million people took part in the research,…
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How Mortgages Can Trigger Surprise Expat Tax Bills
British expats moving overseas and paying off a mortgage on their UK home could face unexpected tax bills, warn financial advisers. Although foreign currency gains or losses on residential property mortgages are not taxed in the UK, the same rule does not apply in many other countries. One of the exceptions is Australia, which is…
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