It was better news on tax receipts than we are used to. After several months of the borrowing figures rising higher and higher, and with the gilts market turning more and more nervous, January’s data suddenly looked a lot better than had been expected. The first month of the year is always a bumper four
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HMRC is boosting the Personal Tax-Free Allowance with one tax code. The letter ‘M’ stands for Marriage Allowance, meaning you’ve received a transfer of 10% of your partner’s Personal Allowance. Marriage Allowance lets you transfer £1,260 of your Personal Allowance to your husband, wife or civil partner. Your Personal Allowance is the amount you can
At night, in 100 parks across the UK, small solar panelled lights illuminate wooden benches with these words carved into the wood: “Someone is always listening”. This week, half a dozen former football stars unveiled the 100th bench of this kind. They are a simple but powerful beacon of hope for people suffering from mental
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An unhappy new tax year beckons on April 6. In six weeks’ time, nearly 1mn freelancers and buy-to-let landlords will become guinea pigs in the government’s Making Tax Digital experiment. Dubbed the biggest tax shake-up
Crypto is for kids, but what is there for seniors? As baby boomers continue to retire and live out their lives of leisure, retirement priorities shift from aggressive growth to capital preservation. No fuss, no muss. Successful retirement investing isn’t necessarily about catching lightning in a bottle; it’s about protecting all your nest eggs and
It was a busy week for RIA aggregators. There were a few large moves, including $235 billion multi-family office Cresset bringing on Heather Pelant from Baker Street Advisors, where she had previously managed about $2 billion in client assets. Retirement, wealth and benefits firm OneDigital, in the meantime, announced two RIA acquisitions, bringing its total
When Repp Lambert started at Northwestern Mutual about 28 years ago, he focused on insurance and was only “dabbling a little bit in the investment world.” Fast forward to the start of this year, and he is the co-founder of a planning-centric, multi-generational registered investment advisor with $260 million in client assets custodied with Charles
The Federation of Independent Retailers (the Fed) joined Sarah Edwards, Labour MP for Tamworth in Staffordshire, in parliament earlier this week for the launch of her “Trust and Transparency Energy Charter”. During the event, Fed member and south-east London independent retailer Kaual Patel spoke to an audience of MPs, retail and hospitality representatives, as well
Spanish health authorities are on high alert after detecting a rare case of suspected person-to-person transmission of swine flu in Catalonia. The case has been reported to the World Health Organization – raising the spectre of the 2009 swine flu pandemic, when a similar virus spread rapidly around the world. The new infection involves the