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	<title>Paul Wilcox&#039;s Blog</title>
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	<link>http://wayblog.co.uk</link>
	<description>Views and opinions on a wide range of the financial issues of the day.</description>
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		<title>Don&#8217;t sit on the fence – you&#8217;ll only get splinters!</title>
		<link>http://wayblog.co.uk/iht-mitigation/dont-sit-on-the-fence-%e2%80%93-youll-only-get-splinters/</link>
		<comments>http://wayblog.co.uk/iht-mitigation/dont-sit-on-the-fence-%e2%80%93-youll-only-get-splinters/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 11:10:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Financial Legislation]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[IFAs]]></category>
		<category><![CDATA[IHT Mitigation]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[Tax Planning]]></category>
		<category><![CDATA[Trusts]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=256</guid>
		<description><![CDATA[With at least one budget and at least one election in prospect for 2010, WAY Investment Services Ltd&#8217;s Technical Manager Mark Benson says that there is no time to delay before putting in place IHT mitigation plans for your clients. Given the average gestation period of an IHT case from agreement to settlement and with [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IHT – Avoid but don&#8217;t Evade</title>
		<link>http://wayblog.co.uk/iht-mitigation/iht-%e2%80%93-avoid-but-dont-evade/</link>
		<comments>http://wayblog.co.uk/iht-mitigation/iht-%e2%80%93-avoid-but-dont-evade/#comments</comments>
		<pubDate>Fri, 22 Jan 2010 17:08:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Budget]]></category>
		<category><![CDATA[Financial Legislation]]></category>
		<category><![CDATA[IHT Mitigation]]></category>
		<category><![CDATA[Pre-Owned Assets Tax]]></category>
		<category><![CDATA[Tax Planning]]></category>
		<category><![CDATA[Trusts]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=251</guid>
		<description><![CDATA[It has been a frenetic few years for IHT mitigation.  Pre-owned assets tax (POAT) in 2004, the taxation of trusts in 2006, false promises by the Tories in 2007 and a major fall in asset values in 2008, have all kept taxpayers and financial planners well and truly on their proverbial toes.
Now Alastair Darling&#8217;s pre-budget [...]]]></description>
		<wfw:commentRss>http://wayblog.co.uk/iht-mitigation/iht-%e2%80%93-avoid-but-dont-evade/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Still strong reasons to run adviser funds</title>
		<link>http://wayblog.co.uk/financial-legislation/still-strong-reasons-to-run-adviser-funds/</link>
		<comments>http://wayblog.co.uk/financial-legislation/still-strong-reasons-to-run-adviser-funds/#comments</comments>
		<pubDate>Thu, 10 Dec 2009 01:08:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Adviser Funds]]></category>
		<category><![CDATA[DIFs]]></category>
		<category><![CDATA[Discretionary Management]]></category>
		<category><![CDATA[Financial Legislation]]></category>
		<category><![CDATA[Investment Management]]></category>
		<category><![CDATA[Professional Advisers]]></category>
		<category><![CDATA[Regulation]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=244</guid>
		<description><![CDATA[New guidelines on distributor influenced funds are designed to ensure customers are treated fairly and should not prevent advisers from offering their own portfolio-style collective funds.
Access to financial advisers’ own portfolio-style funds can bring benefits for clients. I outlined these benefits in a previous article, which struck a chord with a number of discretionary investment [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>When is a fund a portfolio?</title>
		<link>http://wayblog.co.uk/iht-mitigation/when-is-a-fund-a-portfolio/</link>
		<comments>http://wayblog.co.uk/iht-mitigation/when-is-a-fund-a-portfolio/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 23:58:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Capital Gains Tax]]></category>
		<category><![CDATA[Collective Funds]]></category>
		<category><![CDATA[Financial Legislation]]></category>
		<category><![CDATA[IHT Mitigation]]></category>
		<category><![CDATA[Investment Portfolios]]></category>
		<category><![CDATA[Professional Advisers]]></category>
		<category><![CDATA[CGT]]></category>
		<category><![CDATA[IFA]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=240</guid>
		<description><![CDATA[Advisers&#8217; own label funds are highly tax efficient
Clients who invest into IFA firms’ own-label portfolio-style collective funds can gain freedom from capital gains tax on their returns as well as keener pricing and the ability to mix and match funds.
When is a fund a portfolio?
Peter and Mary Singer are recently retired and have been taking [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Plan for the worst!</title>
		<link>http://wayblog.co.uk/news/plan_for_theworst/</link>
		<comments>http://wayblog.co.uk/news/plan_for_theworst/#comments</comments>
		<pubDate>Fri, 28 Aug 2009 00:49:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[IFAs]]></category>
		<category><![CDATA[IHT Mitigation]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Recession]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=232</guid>
		<description><![CDATA[Hope for the best but plan for the worst! Most folk like just enough uncertainty to keep life interesting but not so much as to make them over-anxious. Unfortunately, the current environment puts many people in the second camp.
We are currently facing a ‘flu pandemic and whilst most of us logically know that the chances [...]]]></description>
		<wfw:commentRss>http://wayblog.co.uk/news/plan_for_theworst/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Short-termism or Short-sightedness?</title>
		<link>http://wayblog.co.uk/economy/short-termism-or-short-sightedness/</link>
		<comments>http://wayblog.co.uk/economy/short-termism-or-short-sightedness/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 21:45:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=160</guid>
		<description><![CDATA[On a recent trip to Devon, I stayed in a small and rather delightful hotel run by its proprietor, an ex-City currency trader. One increasingly comes across ex-City or ex-financial services folk who have left the industry for one reason or another.
Over the last year this trend has been accelerated by firms &#8216;letting people go&#8217; [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Is it a fair cop?</title>
		<link>http://wayblog.co.uk/isas/is-it-a-fair-cop/</link>
		<comments>http://wayblog.co.uk/isas/is-it-a-fair-cop/#comments</comments>
		<pubDate>Fri, 19 Jun 2009 17:49:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[ISAs]]></category>
		<category><![CDATA[Capital Gains Tax]]></category>
		<category><![CDATA[Higher Rate Income Tax]]></category>
		<category><![CDATA[IHT]]></category>
		<category><![CDATA[ISA]]></category>
		<category><![CDATA[ISA Savers]]></category>
		<category><![CDATA[Life Expectation]]></category>
		<category><![CDATA[PEPs]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=60</guid>
		<description><![CDATA[On the face of it the recent statement that ISAs are here to stay is good news for investors.  It means that savers can continue to put aside £7,000 each year into investments which are permanently exempt from Capital Gains Tax (CGT) and from higher rate Income Tax.  But how beneficial are these concessions?  Anecdotal [...]]]></description>
		<wfw:commentRss>http://wayblog.co.uk/isas/is-it-a-fair-cop/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Darling incentivises the wrong investors</title>
		<link>http://wayblog.co.uk/iht-mitigation/darling-incentivises-the-wrong-investors/</link>
		<comments>http://wayblog.co.uk/iht-mitigation/darling-incentivises-the-wrong-investors/#comments</comments>
		<pubDate>Fri, 24 Apr 2009 17:22:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Financial Legislation]]></category>
		<category><![CDATA[IHT Mitigation]]></category>
		<category><![CDATA[Budget 2009]]></category>
		<category><![CDATA[IHT]]></category>
		<category><![CDATA[Inheritance Tax Nil Rate Band]]></category>
		<category><![CDATA[ISAs]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=33</guid>
		<description><![CDATA[Margaret Coles is a fit and healthy 73 year old widow.  Her late husband used his Inheritance Tax Nil Rate Band by leaving a holiday property to his children. She remains fairly well off with a house, various investments including an ISA portfolio, a healthy sum on deposit and two pensions.  Her son, Raymond, helps [...]]]></description>
		<wfw:commentRss>http://wayblog.co.uk/iht-mitigation/darling-incentivises-the-wrong-investors/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Ken Clarke fails to stop Cameron and Osborne committing election suicide</title>
		<link>http://wayblog.co.uk/news/ken-clarke-fails-to-stop-cameron-and-osborne-committing-election-suicide/</link>
		<comments>http://wayblog.co.uk/news/ken-clarke-fails-to-stop-cameron-and-osborne-committing-election-suicide/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 09:43:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=99</guid>
		<description><![CDATA[In September 2008 I penned a piece about what I then thought was the likelihood of the Tories following through on their 2007 pledge to increase the personal Nil Rate Band (NRB) for Inheritance Tax (IHT) to £1 million.
The question of increasing the NRB was raised again with Ken Clarke on Sunday 22nd March 2009 [...]]]></description>
		<wfw:commentRss>http://wayblog.co.uk/news/ken-clarke-fails-to-stop-cameron-and-osborne-committing-election-suicide/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Humanitarian Aid is in our hands</title>
		<link>http://wayblog.co.uk/news/humanitarian-aid-is-in-our-hands/</link>
		<comments>http://wayblog.co.uk/news/humanitarian-aid-is-in-our-hands/#comments</comments>
		<pubDate>Fri, 20 Mar 2009 09:38:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://wayblog.co.uk/?p=96</guid>
		<description><![CDATA[Returning from Australia late in January we avoided travelling for 26 hours non-stop by taking a two day stopover in Dubai.  Having spent a miserable time being monsoon rained upon for days on end in the Whitsunday islands (discovered by James Cook, British navigator on Whit Sunday in 1770 – us Brits are nothing if [...]]]></description>
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		<slash:comments>0</slash:comments>
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