Work expense claim errors blamed for A$8.7bn blackhole
Incorrectly claimed work expenses have been blamed for a multi-billion dollar black hole at the Australian Tax Office.
Author: Will Grahame-Clarke
-
-
Global uncertainty outweighs Brexit for wealthy
A 46% increase in investor visas last year strongly suggests that Brexit has not put the wealthy off moving to the UK.
-
FNZ to acquire €31bn German platform
White label investment platform technology provider FNZ has snapped up German platform Ebase.
-
High court approves Royal London’s ‘substantial’ cash offer
Royal London policyholders will be receiving offers for their guaranteed annual return pension schemes after the UK High Court, in principle, signed off on the provider’s plan to cash out savers.
-
‘Don’t judge us on industry rumours’ – IFA consolidator
Advice firm consolidators looking to make further acquisitions could be out of luck if a survey published by platform Nucleus is taken at face value.
-
Mauritius financial centre ‘booming’
Mauritius is the fastest growing financial centre in Africa and the third fastest growing in the world, according to researchers New World Wealth (NWW).
-
High-risk pension quartet banned for 21 years
Four trustee directors behind a high-risk UK pension scheme have been banned following an Insolvency Service probe.
-
An adviser’s duty in the unfolding ‘incapacity crisis’
Financial advisers have an important role in safeguarding ageing clients from their own loss of faculties and any abuse of power of attorney rules, according to law firm Irwin Mitchell.
-
PEOPLE MOVES: StanChart, Columbia Threadneedle, Carrick Wealth
Standard Chartered names Singapore chief, Columbia Threadneedle veteran retires and Carrick Wealth promotes managing directors to head Africa business.
-
Three ways Singapore advisers need to build trust
Singapore’s regulator has called on advisers to build trust by empowering clients, raising conduct standards and enhancing oversight.
-
Glimmer of hope for Brexit-exposed insurers
Cross border insurance products sold in Europe could benefit from a Brexit clause drafted by the International Underwriters Association (IUA), giving some insurers peace of mind amid the uncertainty of the UK leaving the EU.
-
12 tips to keep DB transfer PI costs down
Professional Indemnity insurers have a problem with pension transfers, so broker Howdens has put together 12 things advisers can do to help mitigate the risks and the costs.