Archive for March 2018

A refund for power of attorney

You may be due a refund if you have registered a power of attorney in recent years. It is not often the government offers a refund because of overcharging, but last month it emerged that the Office of the Public Guardian (OPG) had been levying excessive fees for four years. The fees related to the…

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Improvement to ISA inheritance rules

ISA inheritance

The rules for inheriting ISAs will change from 6 April. It was announced by George Osborne in 2014 that ISAs would become inheritable by surviving spouses and civil partners. At the time, nobody – not even the Treasury – was clear what the then chancellor meant. The plans for ISA ’inheritance’, when they eventually emerged,…

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Dividends to slow after strong 2017

A recently released report shows dividend payments in the UK grew more than 10% in 2017. The report included good news for investors, as UK listed companies paid out £94.4 billion of dividends in 2017. This was up 10.5% on the previous year and a new record. However, the headline figures do not tell the…

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A turbulent February for stock markets

February saw a dramatic return of volatility to global stock markets. On Friday 2 February, after most of the world’s share markets had finished for the week, the Dow Jones Index dropped by 666 points in a day. Never mind all the beastly connotations of that number, in fact it was a drop of about…

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