Following consultation the FCA have issued a Policy Statement in respect of changes to their transfer rules, which came into effect on the 8th June 2015.
- Tagged with
- By author
- By date
Like this? You may also be interested in:
In his July Budget speech, the Chancellor announced that from 6 April 2016, the notional 10% tax credit on dividends will be abolished and a new tax-free Dividend Allowance of £5,000 a year will apply to all taxpayers.
Using your pension fund to finance the purchase of commercial property.
Change happens a lot in this profession. People will try to inspire you by saying change brings opportunity, but the truth is it is disruptive. Aside from the constant tweaking that happens, RDR was the last big change. It was ultimately beneficial as it created the foundations of a recognised profession and everyone still practicing has adapted well to the landscape it uncovered. There is potentially more change on the horizon, and where RDR changed us professionally, the Financial Advice Market Review (FAMR) could bring massive changes to us commercially, and for the better potentially.