“Major funds want to move to robo-advice”

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An independent (financial adviser’s) view

Just finished a lovely book, ‘The Music Shop’, by our friend Rachel Joyce. It’s all about the fall and rise of vinyl and the record shop and record shop owner. Which made me muse that, perhaps, we advisers are the independent, vinyl-stocking record shops of financial services.

They say that online ‘robo-advice’ will be the end of us. But maybe there will always be a demand for something with lots of notes to read that you can touch and feel and turn over. If you know what I mean.

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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.