BUDGET UPDATE FOR INVESTORS

We have today published information on our website which identifies those parts of yesterday's Budget that will have the most effect upon people concerned about their investment planning and pension planning.

The areas covered are:

Income Tax, Capital Gains Tax, Inheritance Tax, Corporation Tax and Stamp Duty

Gilts, ISAs, VCTs, REITs and Life Assurance

Pensions, including the new Alternatively Secured Pensions

The Taxation of Trusts, Workplace advice and Shari'a Financing

You will find this information at Budget 2006

We are sure that you will find something of interest and hope that you will take a look. Later today you will be able to print off a pdf version of all of the changes referred to above if you wish.

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