The threshold at which people begin to pay income tax will rise to £10,000 in 2014, a year earlier than planned, the Chancellor announced today.
Axa Elevate has questioned the decision by a number of major platforms to eschew clean share classes, despite increasing Financial Services Authority (FSA) action against rebates.
Nucleus has become the first platform to launch its own annuity portal.
Alliance Trust Savings (ATS) is in advanced negotiations with around 30 fund groups over adding clean share classes to the platform.
Investment platform Skandia has criticised plans by the Financial Services Authority's (FSA's) to outlaw rebates on 'legacy' business paid by fund groups to platforms from 2016.
Most investment company directors think the Retail Distribution Review (RDR) will be positive for the sector, a poll suggests.
A gang who made a film starring a former Eastenders actor solely as a £2.8m tax scam have been convicted at Southwark Crown Court.