HOW THIS IS MONEY CAN HELP
This charge is entirely unrelated to how much you contribute. It is purely a vicious swipe at successful investors. Charges levied by the most voracious investment firms pale compared with Sunak s tax grab.
Those who rely on the stock market for their pensions will be hit the hardest, while those in salary-based pensions, such as politicians and civil servants, emerge relatively unscathed.
What can we do? Well, there is no upper limit on the amount that can be held in an Isa, and this should make us look at how our investments are structured.
Investegate |Polar Cap Tech Tst Announcements | Polar Cap Tech Tst: Transaction in Own Shares
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FTSE rebounds on weak pound; tech sell-off resumes
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Britain s housing market has been booming throughout the pandemic, but that didn t help Berkeley Group s shares yesterday.
The housebuilder was the biggest faller on the FTSE100 after flagging delays in procuring materials since the end of the Brexit transition arrangement, and changing sales times on some of its developments due to the pandemic.
Covid appears to have had little impact on Berkeley so far. For the financial year, ending in April, the company expects to generate a similar profit to the £504million it made a year earlier.
And forward sales are expected to be above £1.7billion by then, taking the firm into next year in a strong position.