Saving … for ourselves
Scottish Widows, one of the largest UK Life offices, recently estimated (December 2012) that today’s children will need a £2.4m pension pot to achieve a comfortably and debt free retirement.
Tax revenue up by extra €1.4 billion
The Portuguese State earned €19.2 billion in tax revenue from January to July – up 7.6% on last year – and direct taxes IRS and IRC were mainly responsible for
Cost-effective government
A “more efficient and less expensive State” is the objective of the government’s “new ruling cycle”, said Minister of Economy, António Pires de Lima, recently appointed to the role of
Another three years of low Sterling interest rates
By Gavin Scott In another blow for savers, the Bank of England unveiled a new policy which means interest rates are expected to remain at historical lows for another three
EU to extend automatic exchange of information
By Gavin Scott The amount of financial information to be shared between EU countries will significantly increase over the next few years. The European Commission has proposed extending the automatic
UK Offshore Centres To Share More Information
By Gavin Scott The UK government is getting even tougher on tax fraud. Prime Minister David Cameron has made “fighting the scourge of tax evasion” a key priority of the
Interest rates still falling
By Gavin Scott There is more bad news for cash savers, as bank interest rates continue to fall. In the UK, only one account now provides enough return to beat
More exchange of information ahead
By Gavin Scott It looks like more and more automatic exchange of information agreements will be signed over the coming years. Following on from the US’s revolutionary Foreign Account Tax
Right place – right time – right mix
By William Offen Watching an interview with Laurie Mcllwee, CFO of Tesco on Bloomberg this morning, I was reminded again of the importance of managing our asset base correctly. This
Sovereignty and welfare
By Raoul Ruiz Martinez Following the latest EU debacle in Cyprus, it has brought the issue of depositor protection across Eurozone once more to the fore. If the safety of