Archive: December 2013

Clone Investment Firms

19th December 2013

Concerns Over Clone Investment Firms Clone investment firms are on the rise, according to new figures from the FCA. Clone firms operate by mimicking genuine companies, and employing aggressive sales tactics, including cold calling, to secure investments. Those in question effectively ‘piggyback’ on the brand and heritage of existing... read more

Posted in: News

Reduction in Pension Allowance

6th December 2013

Reduction in Pension Allowance The total amount of pension savings that can be accumulated tax efficiently (known as the Lifetime Allowance) is to be reduced again. The new limit will be £1.25 million, down from the current £1.5 million. This represents a drop of almost one third in just... read more

Posted in: News, Pensions