“If I had my time again, I wouldn’t create the network concept”

Feb 3, 2021 | Financial Services

An independent (financial adviser’s) view

Ken Davy is a bit of a legend in the financial advisory world (yes, we have them too). He came up with the idea of providing admin and compliance services to networks of individual advisers, economies of scale, they can all get on with what they’re good at etc. As he came to realise, in any mixed ability group anywhere it’s the lowest common denominators, not the shining examples, who set the standard; and the inevitable bad apples ruin everything for everyone. ‘You’ve let me down, you’ve let the school down, but most of all…’

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“Rachel Reeves may be forced to raise taxes”

“Rachel Reeves may be forced to raise taxes”

Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is  that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.