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December Market Eye from Prest Financial

In his recent Autumn Statement the Chancellor increased the personal Income Tax allowances as part of the objective to eventually equalise them with Age Allowances. Corporation Tax rates will be reduced by 2% from 1 April 2014. He also announced that the pension drawdown income limits will be … [Read more...]

Infrastructure tax breaks are a key to growth says KPMG survey

Tax incentives for capital investment in infrastructure are the key measure identified as a potential driver of growth among Britain’s biggest businesses, according to the latest annual tax competitiveness survey by KPMG in the UK. The findings come ahead of the Autumn Statement on 5 … [Read more...]

Retail Distribution Review (RDR)

RETAIL DISTRIBUTION REVIEW (RDR) - Prest Financial Services Ltd The Financial Services industry goes through another huge structural change at the end of 2012 (known as RDR) and here at Prest we welcome these forthcoming changes which will see the minimum qualification levels for Financial … [Read more...]

S&T ASSET MANAGEMENT FOUNDING PARTNER RETIRES

Following the creation of S&T Asset Management in 2009, Tom Tutton, a founding partner of the firm, retired from the business on 31 December 2012 after 50 years in the industry.  The remaining partners have all worked with Tom in previous ventures over the years and are hugely grateful … [Read more...]

Market Eye from Prest Financial Services

October Market Eye There is mixed news from the USA where new house building starts are up 15%, but from a very low base and new jobless claims increased after recent declines.There are concerns regarding the The Bank of England kept the Bank Rate at 0.5% and the size of the Asset Purchase … [Read more...]

Prest Market Eye – August 2012

View point and info on financial markets from Prest Financial Services Ltd.Pres Financial produce a monthly look on investments and the economy. Well worth checking. /../uploads/Prest Market Eye 2012 08.pdf … [Read more...]