Independent Financial Advisers dealing with UK Personal Finance, Pension Schemes, ISA's and investments

We have recently updated our website to include our news blog as well as access to direct product purchases for those who prefer to do their own investing. As always we aim to provide a robust service to our clients both old and new and welcome your feedback on the current financial climate as well as any suggestions or questions you may have. Just click on the Contact MDM link above to find all our details

Lisanne Mealing: Managing Director

The Finance Act 2008 removed "Taper Relief" and its predecessor "Indexation" from the Capital Gains vocabulary. It also removed the prospect of Higher Rate Tax and set as standard a rate of 18% tax for gains in excess of the Capital Gains Allowance (currently £10,100 per annum).

There was much lobbying in Parliament by the insurance companies because, at a stroke, the government had virtually confined Onshore investment bonds to history. more....

We wish you a Merry Christmas and a Prosperous New Year

Apart from Inmarsat, a mobile telecoms company, at no 9 the top 11 FTSE100 shares over the month were commodity-related, with gains of between 13% and 30%. Meanwhile, many financials had a poor month, led by a fall of nearly 21% by RBS. If you strip out THE 2% net contribution these mining stocks and RBS made to the FTSE100 it only nudges ahead less than one percent over the month

Investors in Japan were rewarded by a strong performance from the Yen...more