Analysis: Advisers can benefit from Brexit
There are some serious positives for savvy advisers with the long shadow of Brexit negotiations driving expats to seek professional advice in droves.
Best Practice
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UK watchdog recruits public to fight scammers
The Financial Conduct Authority is urging the public to report and speak out against investment scammers after finding that more than a fifth of those contacted by a suspected fraudulent investment firm stay silent.
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Analysis: Regulatory confusion reigns in the UAE
IFAs in the UAE continue to play guessing games ahead of the Insurance Authority’s unveiling of plans for commissions caps, greater transparency in customer contracts and tighter rules on financial advice.
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Advisers torn over DB transfer concerns
Financial advisers are divided over their concerns around the defined benefit (DB) transfer market, according to a poll conducted by global asset manager Russell Investments.
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Half of Sipp complaints upheld
The UK Financial Ombudsman Service (FOS) has upheld half of the complaints it received about self-invested personal pension schemes (Sipps) so far in 2017/18.
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Analysis: Regulatory scrutiny keeping UK advisers on their toes
Advisers must stay on the ball as the UK regulator continues to tweak pension transfer rules in an attempt to get a handle on this rapidly evolving sector.
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Brexit: Spain pledges ‘no disruption’ for British expats
Spain’s foreign minister has assured British expats they will be able to continue to live in the country with ‘no disruption’ after Brexit.
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HMRC sets out ‘opaque’ abusive tax scheme penalties
Advisers who enable abusive tax avoidance schemes face penalties that will take into account “relevant considerations”, draft guidance from HM Revenue & Customs revealed on Friday.
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Four key findings of the FCA Financial Lives Survey 2017
The FCA recently published its results of the Financial Lives Survey 2017. It hopes the data collected will help in the understanding of consumer needs and identify where they might be experiencing harm.
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New tax register ‘burdensome’ for beneficiaries
Beneficiaries who fail to comply with the UK’s new Beneficial Trust Register may face fines and prosecution, warns accounting, tax and advisory practice Blick Rothenberg.
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Mid-sized businesses risk a liquidity crisis
Half of mid-sized businesses in the EU would struggle to survive a three-day interruption to trading, a study by financial advisers Mazars has found.
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Chartered bodies alliance targets ‘bad apples’
The Chartered Body Alliance, composed of three leading chartered professional bodies, wants tougher action to be taken to prevent “bad apples” from re-circulating in the industry.