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Old Mutual Global Investors is exiting the ISA and investment account markets and planning to transfer most of its 8,300 clients to Hargreaves Lansdown.
The Personal Finance Society has awarded a posthumous Lifetime Achievement Award to pensions legend Mike Morrison who died suddenly aged 55 recently and whose funeral took place this week.
Here are some of the key points from the Chancellor’s Budget Nov 2017 announcements today:
Financial Planners have reacted with relief that pensions were largely left untouched by the Chancellor in today’s Budget and were broadly positive on some of the moves to help first time buyers.
The family of pensions legend Mike Morrison, who died suddenly in early November aged 55, have seen their fund raising campaign set up in his memory top £10,000 in just three weeks.
Chancellor Philip Hammond MP has doubled the annual investment limit for Enterprise Investment Schemes from £1m to £2m, as long as those schemes are hi-tech ‘knowledge-intensive companies.’
One of the most surprising and significant tax cutting moves in today’s Budget by Chancellor Philip Hammond was his decision to help younger house buyers by axing stamp duty on the first £300,000 of purchase price.
Chancellor Philip Hammond froze the annual subscription limit on ISAs at £20,000 in his Budget today after several years of rises.
Here is the Chancellor's speech delivered in the House of Commons today for his November 2017 Budget. The speech lasted just over 1 hour.