Honest taxpayers in HMRC’s sights
Steeper fines under HM Revenue & Customs’ requirement to correct (RTC) regime are just the start of changes that could catch out law-abiding taxpayers, according to KPMG’s head of tax investigations.
Best Practice
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Red flags to watch out for with HMRC’s ‘pay first’ deterrent
The UK’s HM Revenue & Customs has introduced a pay first, dispute later deterrent to stop aggressive tax planning which has pushed company profits into offshore jurisdictions.
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Cisi threatens legal action against fraudulent advisers
Following a damning investigation by a consumer watchdog, the Chartered Institute for Securities and Investment (Cisi) has warned that UK advisers will face legal action if they fraudulently claim to hold a qualification from the organisation.
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Soap opera praised for investment fraud storyline
Anti-fraud campaigners have welcomed a story arc in the world’s longest-running drama series that highlights the dangers of investment fraud.
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How peer review improves advice
Putting every piece of advice through its “four eyes approach” ensures quality and healthy debate, David Benskin, director of Strabens Hall Hong Kong, told International Adviser.
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UK investigates ‘defined ambition’ pension schemes
The UK Government is launching an inquiry into collective defined contribution pension schemes, also known as defined ambition, which are commonplace in the Netherlands, Canada and Denmark but not yet permitted in the UK.
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Seven Black Friday bargains
Consumers in the UK and globally will seek out bargains on Black Friday, but what about the investment world? Here are the views of seven managers and areas in the market that they see as undervalued.
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Zurich selfie app gives life insurance quotes
An app launched by insurance company Zurich can calculate how much life insurance would cost for a customer based on a selfie.
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Majority of Asia’s rich overlooking succession planning
Asia’s wealthy cross border families are largely unprepared to transfer wealth to the next generation according to research.
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Analysis: Political uncertainty keeps South African advisers in limbo
As South African financial advisers await the election of president Jacob Zuma’s successor with bated breath, where this political uncertainty leaves the implementation of the Twin Peaks reforms and the next phases of RDR is anyone’s guess.
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Analysis: Advisers assemble to battle Brexit
Collaboration between advisers in the UK and Europe will be key post Brexit, with the EFPA’s first initiative being to ensure that IFAs will be able to convert their UK qualifications into European diplomas.
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Global life premiums growth led by Asia acceleration
Global life premiums growth in 2018 and 2019 will continue to be carried by the strong performance of emerging markets, in particular China, as advanced markets continue to experience sluggish growth, according to a report by Credit Suisse.