Two retirement scenarios where a Qnups comes into play
Despite a fanfare at launch, seven years on the Qualifying Non-UK Pension Scheme has not proved hugely popular even though it can offer useful advantages.
Best Practice
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Shakira hit with €20m tax bill in ongoing Spain residency row
Expats in Spain who are not 100% clear on their residency status should pay careful attention to the more than €20m paid by Colombian singer Shakira to Spain’s Treasury for failing to pay tax on her worldwide income.
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Nucleus launches DB roundtable series
Nucleus, the adviser-built wrap platform, has brought together a panel of experts and financial advisers to help the IFA community navigate its way through the defined benefit (DB) transfer “minefield”.
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How the world’s largest police force tackles financial crime
Legal systems designed to make extradition of criminals possible across borders could be open to abuse by those with financial disputes.
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Guardian Wealth launches female adviser initiative
Women are underrepresented in offshore financial planning, prompting one advice firm to set itself tough targets to tackle the gender gap.
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Public IFA register resurrected amid British Steel scandal
In a move that comes too late for scammed British Steel Pension Scheme (BSPS) members, the Financial Conduct Authority has announced a consultation on a public register of approved financial advisers and other industry professionals.
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Regulators make ready to clean up the industry
A more rigorous approach by regulators is under way in jurisdictions around the world, aimed at tackling malpractice by financial advisers and others within the financial services industry.
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How new Isle of Man pension freedoms differ starkly from the UK
The Isle of Man budget on 20 February introduced the concept of pension freedoms to the island’s pensions legislation, setting out some stark differences to the already established UK rules.
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Mainstream ways of dealing with clients are ‘not working’
The traditional consultation-based approach to advising clients is an outdated practice that must end, according to Brian Foster, chief executive of Beyond RDR.
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UK opens cryptocurrency inquiry
Bitcoin, ether and other digital currencies are to come under scrutiny in the UK after the Treasury Committee announced on Thursday it has launched an inquiry into digital currencies and the technology behind them.
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Is the pan-European pension plan a flop in the making?
The pan-European personal pension product aims to make long-term savings simpler while providing greater mobility across EU borders but there are critics that say the scheme, unless radically rethought, is doomed to fail.
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Simplified IHT rules could go live in 2019
The UK’s Office of Tax Simplification (OTS) will publish a report on the processes and complexities around inheritance tax (IHT) in autumn 2018, opening the door to the possibility that IHT could be simplified within the next two years.