Hi-it was 45%

I'll second that - good video. Thanks for the link.

Email sent to Nik

Hi Alan Drop me a message at nik.burrows@cobensdirect.co.uk and we can take a look at your position and run through the considerations and options that are relevant to you. Cheers Nik

Thank you Nik and Adam for the clarifications on this subject which hopefully will be helpful to others as well. I have funds in GIA which, between my OH and myself, we may not spend all in our lifetime so would look to leave this to our son in the future. It's a fine balancing act between whether to annually make withdrawals to fund the £20,000 ISA allowance or just withdraw up to the piddly £3000 annual gains allowance (e.g. £15,000 withdrawal if gains are 25% - £12,000 capital + £3000 gain). This saves the hassle of doing a tax return since my pension is PAYE so HMRC adjusts my allowance for interest income annually. Who knows, the govt may change this in future but it would seem harsh to pay gains tax followed by IHT.

We will publish something at the year end, given we are so close now. The file Nik refers to is model performance which will vary from actual portfolio performance because it is calculated month to month based on the model weights whereas in reality the daily real performance uses actual moving weights.. In a rising market it will understate the growth by 1-3%. Performance from the top is Tech, Lifestyle Growth, IM 100, Equity. The same applies to FX, month to month is not the same as daily because again, the compounding effect can either amplify or offset the overall monthly growth rate depending on the direction and magnitude on a daily basis. You also have what is called the 'Base Effect' where daily fx moves are relative to the prior day whilst monthly moves compare longer periods. When I state returns, they are actual portfolio returns. The Fact sheets use a point to point monthly performance. Hope that makes sense . The fact sheets(to November) are here near the bottom of the page https://www.cobensdirect.co.uk/literature-library

You aren't wrong O! How can the West compete when, for example, we have min wages/conditions, limits on fossil fuel use and regulations which others may even sign up to but simple ignore them. It's not a level playing field. We could go on however this is a great job for DT to get stuck into And fishing vessels that catch more fibre optic cables than fish

@uk66fastback If you can send me a message, nik.burrows@cobensdirect.co.uk i will take a look for you Cheers Nik

Minor update: remember that token £1 which I moved to Schwab's UK bank account? It arrived back in our UK bank account yesterday, with a message saying something like "Transaction bounced". I guess something went wrong somewhere so I'll chalk this one up as 'one of those things' and have another go (perhaps). Perhaps with £100 this time, which is hopefully enough not to get lost. Thanks for your help.

Earlier week at the Open AI summit, OpenAI's CEO Sam Altman said their next advancement(Model) released in 2025 will be more disruptive than most people expect. 'The industry will see the first examples of AGI in 2025 and will use different tools to achieve complete it. Alman added that initially the impact on humanity will be minimal but in time will become intense. 'In 2025 we will have systems that people will say 'wow, this changes what I expected'. Altman added that in time AGI will bring significant human job displacement. It will be transformative to economies.

Hi Adam, I just tried it again and it's gone through, so no idea what was causing the issue

Thanks for the confirmation. It works just as I thought. Better to ask to confirm than just assume I'm correct. A small mistake can make a big difference.

Thanks Adam.

@slatermethuen I'll let the Dev team know and we will take a look at MoneyHub Given the work we have the go I would think it will be a new year task, but we will keep it on the radar Nik

Hi Adam, hope all good with you. Interesting stuff above in your post, thanks, I’ve learnt a little bit there!

Thanks both

Hi G, It's legit-generated by IT. When the forum was first made available, some of the controls around email validation had not been switched on. This meant one could set up an account without a verified email. You were one of them. The link is asking you to confirm your current email. Please do so to retain your account. Regards Adam

All in sync today

Sorry I meant 20% not 25%

@Dangermouse The current indication is that beneficiary pensions within a DB scheme will be classed as outside the estate. Given that they are paid as income and taxed in the hands of the recipient as income there is already tax claimed on this benefit. It is also likely that an annuity with ongoing beneficiary payments after death would also be treated as outside the estate. The main "target" is unused pension pots that at the moment pass as a tax free lump of cash on death before 75. Cheers