November 2013 - Charterbridge

Charterbridge

googleplus linkedin

Monthly Archives: November 2013

Former No 10 adviser questions pensions charge limit

Former No 10 adviser questions pensions charge limit Ros Altmann, a former pension fund manager, has warned that the Government should stop obsessing about cutting pension charges too far and too fast. Legal & General also came under scrutiny from Altmann over its call to cut the limit farther, to 0.5 per cent. The Times, […]

‘Double ISA allowance to boost investment’

‘Double ISA allowance to boost investment’ The chief executives of Prudential and Alliance Trust have called on the Chancellor to almost double the annual Isa allowance in order to help boost business investment and rebalance the nascent economic recovery. The Daily Telegraph Business, p. 1 LONDON FACES ¦ SAVINGS CRISIS Londoners save less of their […]

Nationwide cleans up its closed deals

Nationwide cleans up its closed deals It has emerged that Nationwide is to clean up its accounts to make it easier for savers to work out the rate they earn. In a move to benefit 1.5 million of its ten million savers, the society is doing away with its notice accounts. These savers will move […]

Council workers caught in pension fund death spiral

Council workers caught in pension fund death spiral A damning analysis for the Centre for Policy Studies reveals that some local authority pension funds are so poorly funded that they are in a “death spiral”, raising questions about the retirement promises to millions of council workers. The Times, p. 37 House prices soar between gap […]

Weekend economic news round up

RBS given Fairbanking award The Fairbanking Foundation has bestowed its first ever five-star award on a high street savings product: RBS/Nat-West Instant Saver with Savings Goals account. This abstract from the Financial Times was produced by Kantar Media Financial Times Money, p. 2 Great Scot! How the City high-flyer upped sticks to raise a northern […]

House sales at highest level for six years

House sales at highest level for six years The number of homes sold this year is set to top 1 million for the first time since the financial crisis, but figures reveal that while government schemes to help those with small deposits onto the housing ladder are spurring building, provision of affordable homes has been […]

Computer upgrades and Capital Allowances

Synopsis: 8th April 2014 marks the end of Microsoft support for Windows XP. For many companies this will involve a large capital outlay for new computers, servers and software. With this in mind we take a look at the tax position of purchasing new computer systems. As we all know the 6th of April has […]

Fastest lift in mortgage lending for five years

Fastest lift in mortgage lending for five years Mortgage lending soared to £17. 6bn last month as the UK’s housing market continued to heat up, marking the steepest annual jump since 2008. The Council of Mortgage Lenders (CML) revealed yesterday that gross lending was up nine per cent from September, and an eye-watering 37 per […]