The great travel insurance farce

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Be careful to cancel a holiday travel if one of your relatives is ill, as you may be charged dramatically. Insurers make it almost impossible to prove anything to them, so don’t hurry to cancel your trip if a loved one of yours is ill or have passed away.

An easy way to shop for the stock market funds that offer value

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The holy secret of the City – investment trusts – are about to become open for all. Such trusts were hidden from wide public at all costs, but now the companies investing into the other companies’ shares will become open for private investors. Till nowadays such dealing games were

Are investment trusts the underdog we could all love?

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Which is the best option: using an investment trust or an Oeic (open-ended investment company)? They seem almost the same – funds taking money from thousands of citizens paying charges to specialists who make investments on their behalf. According to the publication by the Association of Investment Companies, investment

America has forgotten that small is beautiful

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Last week we have heard two speeches from two presidential elections candidates – Hillary Clinton and Donald Trump. They were talking about the economic policies they found suitable for the country. Both speeches were performed in Michigan, and both didn’t inspire people at all. Mr Trump’s hard-to-understand speech was

Apple is learning the hard way that tax avoidance is bad for business

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All the talks about taxes come to one conclusion – the word “complicated” doesn’t describe even a part of the disaster. It’s way too difficult to handle and doesn’t meet modern requirements at all. We could use it only as an alternative for a digital world, but it’s also

Tax the fat cats and leave us geese alone

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Jean-Baptiste Colbert who was the finance minister for Louis XIV once said that the process of taxation can be shown at geese feather plucking. You need to get the largest amount of feathers possible with the minimum amount of hissing. His description is even more suitable to our world

The rich and the march of the robots

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A new online wealth manager will help people reach their financial goals with the help of algorithms, not the actual management. People who have lots of money but no time are usually searching the places to invest finances with the help of wealth managers. They meet and discuss the

Rich are exploiting inheritance tax loophole

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The Department of Finance has received a warning from the wealth management whistleblower about an inheritance tax law gap that’s used by wealthy people to gain profit. An anonymous wealth manager contacted the department last year, telling them he or she has found a loophole people may use to

Majority of retiring teachers are under 60

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Most part of the teachers of primary schools who decided to retire last year were still under 60 – the official retirement age. In 2015 there was a major rise in pensions for retired school staff – the number has reached €739 million. After that, according to the data

The uneasy truth about retirement homes

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A Tory grandee decided to join the campaign that brings awareness to the problem of the resale value for the retirement houses that were newly build. The Campaign Against Retirement Leasehold Exploitation (Carlex) members think that the people who own such a property may suffer from major losses up