New tax year tips for expats leaving the UK
The UK tax year has only just started but it is never too early to get into good habits, according to accountants Blick Rothenberg – especially if you are leaving the UK.
Best Practice
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FCA hits advisers with 4.2% fee hike
The Financial Conduct Authority (FCA) is planning to raise adviser fees by 4.2% for the upcoming financial year as it looks to cover EU withdrawal costs.
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FCA will ‘absorb’ Brexit-related costs
The Financial Conduct Authority (FCA) says its next annual budget and business plan will make explicit the costs associated to Brexit that it will have to absorb, news that will likely be welcomed by the financial services industry.
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FCA targets cryptocurrency advisers
The Financial Conduct Authority has set its sights on those offering and advising on cryptocurrency derivatives, saying there will be consequences if they do not comply with current regulation.
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Public interest vs curiosity in an age of transparency
The distinction between legitimate public interest and sheer curiosity is an issue with a lot of pressure points. But all the legal protection in the world cannot put the genie back in the bottle once it gets out, Guernsey Finance’s Dominic Wheatley has warned.
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Busting the ETF jargon
From fees to tracking error to “two-way flows”, unsuspecting investors can be caught off guard by some of the inside language used by the ETF industry, warns 7IM senior investment manager Peter Sleep.
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Two in three still confused by pension freedom rules
Despite being three years since HM Revenue & Customs introduced the pension freedoms, two out of three people over the age of 55 say they are still confused by the regulations.
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ANZ fined A$3m for advice client review failings
Australia’s ANZ Bank has been fined for charging fees but providing no service after the country’s financial watchdog found it had failed to produce documented annual reviews to more than 10,000 financial advice customers over a seven-year period.
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Founder of giant EU adviser training body ‘undimmed’ by Brexit
The founder of the European Financial Planners Association, Josep Soler-Alberti, explains to International Adviser about his mission to educate.
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FCA steers away from pre-RDR trail commission ban
The Financial Conduct Authority (FCA) has “no immediate plans” to ban trail commission on legacy investment products, it has announced in a policy statement that looks to shake-up the asset management industry.
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Sinister twist for expat finances
The portability of an expat’s financial affairs afforded by the digital revolution for the growing number of those living and working away from their domiciled residence comes with a sinister twist, says Nick Eatock, executive chairman of back office software provider Intelliflo.
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Expat retirement planning – probably the most valuable advice you can give
Advising expat clients on pensions can be complex – David Denton – Head of International Technical Sales at Old Mutual Wealth highlights some areas where advisers can make a real difference.