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Denton, who is head of international technical sales at Old Mutual Wealth, says the relative merits of these investment choices have changed both in terms of performance and taxation.
Pensions are a more inheritance tax friendly product now, whereas stamp duty and capital gains tax on UK property owned by expats is now making it a less attractive option.
Service has experienced rapid growth over recent years compared to its fund of funds and multi-asset fund peers
US equities experience £1.5bn in inflows for first three months of 2024
Nine of the 10 best performing funds specialised in gold or commodities
Domination of mega caps has ‘never continued indefinitely’
Inflows fell by 64% compared with Q1 2023 as outflows remained ‘elevated’
Investment Association, UK Finance, PIMFA among others to sign letter to Jeremy Hunt against proposal
