Carne: 82% of UK asset managers considering LTAF launch
Less than a quarter of wealth managers currently use an LTAF or ELTIF
Less than a quarter of wealth managers currently use an LTAF or ELTIF
Bonds balloon by £631m while money markets increase £402m
Key events for wealth managers in the week beginning 4 November
78% of investor clients call manager diversity ‘irrelevant’ in selection
European inflation accelerated quicker than expected from the 1.7% recorded in September
Autumn Budget brings changes to capital gains tax, employer’s National Insurance and debt policy restructure
Reeves also announced a new 20% IHT rate on AIM-traded shares
Pro-worker policies announced by the Rachel Reeves today could be ‘a burden on business’, industry warns
London’s alternative investment market now only sees a 50% relief from IHT applied to its constituents
Changes measure to percentage of GDP
Reeves lowered the earnings threshold to £5,000, giving the government an extra £25bn in tax revenue
Rachel Reeves had been expected to extend the freeze on income tax thresholds