Do I have to pay tax on savings and investments? This will depend on your other income and what types of investments you hold, but there are many ways to reduce the amount you pay in tax or eliminate it completely in the case of Isa products. There are three main types of savings and
Key News Asian equities were mostly higher overnight as Hong Kong and Thailand outperformed, while Australia and Pakistan underperformed. Hong Kong had one of its best days last night in the past couple of months. Trade optimism and earnings were key catalysts as Tencent reported Q2 earnings overnight, beating expectations. Tencent Q2 Earnings Overview Revenue
The UK investment management industry reached a new peak of £10tn assets under management in 2024. This was a 10 per cent growth in AUA, according to the latest figures from the Investment Association. The sector has been boosted by strong equity returns, better economic conditions and increasing assets managed from the UK on behalf
KARACHI: Lucky Investments Limited (Lucky Investments) has been awarded an upgraded Asset Manager Rating of AM2+ with a Stable Outlook by the Pakistan Credit Rating Agency Limited (Pacra). This achievement reflects the Company’s exceptional growth in the Islamic asset management sector, securing over four percent market share within just a few months of operations. Commenting
With property prices rising alongside the cost of living, accumulating a down payment remains a challenge for many. Experts advise aligning mutual fund investments with the investor’s time horizon to optimise outcomes. Kshitiz Mahajan, Co-Founder of Complete Circle Consultants, recommends defining clear financial goals first. For investment horizons under three years, he suggests focusing on
Whether your portfolio soars or sours, you have to pay fees to your investment platform. At least that was the case: increasingly some platforms are ditching charges all together. Robinhood, the US trading platform infamous for its role in the 2021 Gamestop stock craze, plans to launch a fee-free stocks and shares Isa in the
Norway’s sovereign wealth fund said Monday that it was selling its investments in 11 Israeli companies following reports it had invested in an Israeli jet engine maker even as the war in Gaza raged. Nicolai Tangen, chief of Norges Bank Investment Management (NBIM), which manages the fund, said the decision was taken “in response to
EQT, together with Canada Pension Plan Investment Board, agreed to acquire El Segundo-based software and compliance firm NEOGOV in a deal that values the company at more than $3 billion, including debt. The company was founded in 2000 and operated as a portfolio company from funds managed by Warburg Pincus and Carlyle. NEOGOV is focused
The number of people paying dividend tax is expected to have risen to a record 3.7 million people in the 2024/25 tax year, as reduced allowances drag millions of new taxpayers into the tax’s scope. Dividend tax is a tax you pay on your investments. Unlike capital gains tax, which is paid on investments that
Market ups and downs can feel like a roller coaster, one day you celebrate gains, the next you brace for losses. A strategy to diversify portfolio smooths out those highs and lows, reducing stress and helping you stay on track for your long-term goals. In this guide, you will learn how to diversify your portfolio