Published articles
What future for ISA sales?
By the time you read this, the end of the tax year will have come and gone and you’ll have seen the last of adverts telling you to make sure your clients “use it not lose it”. I am, of course, referring to the 2011/2012 tax year ISA allowance of £10,680. But now you’ll no doubt be bombarded with adverts about the need to get your clients thinking about this year’s tax allowance and perhaps setting up a monthly plan to squirrel away as much as possible of the full £11,280 they are allowed to put into an investment ISA in the 2012/2013 tax year.
Mona Patel, Head of Communications
April 2012
What will Tax-Transparent Funds mean for the UK?
I have long been an advocate of introducing tax-transparent funds to the UK. Their introduction this summer will mean that the UK can really make the most of the Ucits IV Directive which allows master-feeder Ucits for the first time.
Karen Bowie, Senior Adviser, Product Regulation
April 2012
IMA: The myth of excessive fund charges
The fund management industry has been under attack recently over charges. There’s nothing wrong with that - as an industry we should be able to answer any accusations levelled against us. What is wrong, however, is the way in which the campaign against the industry has been built up around a series of myths that have been lapped up by the media.
Mona Patel, Head of Communications
March 2012
The review to end all reviews?
It’s 2014. The Financial Conduct Authority (FCA) has published proposals to review the way financial advice is paid for. Why? Because the market is distorted and there is an un-level playing field between different types of product and distributor. It costs more to get advice than it ever has and it is difficult for consumers who can afford it to work out how much they have paid, to whom and for what. I sincerely hope this is not going to be the case.
Mona Patel, Head of Communications
January 2012