The nub of this is that, apparently, most ‘retail investors’ (that’s you if you’re not a pro or a company) ‘manage their own portfolios and gather insights from media rather than turning to financial advisers’. Well, that doesn’t chime with our experience, and it is, I guess, a question of to whom you put the question. Yes, there are many who choose to do their own thing and good luck to them if they enjoy it and have the time and inclination. If there’s not much money involved, we might well point you at one of the many cheap DIY sites, who offer pre-packaged investments as we might not be good value for you. Maybe you want to leave most in the bank and have a flutter. Fine. Most who come to us would worry or know they can’t or won’t do a good job and are happy to delegate; or maybe want someone else to carry the can if it goes wrong. Or, on more than a few occasions, have had a go on their own and realised it’s not for them. Here to help!
“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.