Phil Clegg, Author at CCFPS

Time running out to register Inheritance Tax Planning Trusts

Posted on 26th August 2022 (5th July 2024)

The deadline for registration with the Trustee Registration Service (TRS) is looming, the cut-off date to register Inheritance Tax Planning Trusts is 1st September 2022. After that date HMRC will be able to impose fines for failure to register. There may also be more serious consequences if investment companies stop investments from non-registered trusts. The […]

Investment Planner information – Dog Fund list is back out

Posted on 22nd August 2022 (4th July 2023)

It’s that time of year again when Best Invest publish their list of so called “dog funds”. These are investment funds which have underperformed against the market index for more than 5% for three years running, which is good Investment Planner information. The good news this time is that there are less funds on the […]

The end of wealth management exit fees?

Posted on 15th August 2022 (3rd August 2022)

The FCA has now published its guidelines for financial services firms who will be required to complied with a new set of Consumer Duty requirements by July 2023. The new requirements are intended to add to the existing Treating Customers Fairly (TCF) rules and improve customers experience of dealing with financial services companies. There are […]

Talking about money and pension help

Posted on 8th August 2022 (27th July 2022)

Latest research from Royal London (FT Adviser 20/7/22) shows that the current young generation are more likely to talk to their parents about money and pension help matters, than at any time in the past. This is good news. The research also threw up some interesting difference by earnings and even race. Here are the […]

DIY Pension advice on the rise

Posted on 4th August 2022 (27th July 2022)

The latest figures from the FCA analysed by Just Group (19/7/22), show a worrying increase in the number of people relying on DIY pension advice for their retirement. Figures show that over 100,000 pension products were purchased without the involvement of any pension advisers in 2021. These are what we call decumulation products taken out […]

Financial Planning News July

Posted on 1st August 2022 (27th July 2022)

Here is a roundup of the Financial Planning news July 22, that might be of interest. Not too much to report this month, but still plenty of interest: The FCA has announced (29/6/22) that it supports the regulation of ESG ratings. This means that this will undoubtedly fall under their control. Which is a good […]

Author: Phil Clegg

Posts by Phil Clegg

Time running out to register Inheritance Tax Planning Trusts

Investment Planner information – Dog Fund list is back out

The end of wealth management exit fees?

Talking about money and pension help

DIY Pension advice on the rise

Financial Planning News July

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