‘Vague’ EU tax rules create cross-border headache
What does the newly-implemented EU directive mean for intermediaries?
Tax & Regulation
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Woodford investors to receive 75% of fund value in first payout
They remain in the dark about timelines for the illiquid portfolio
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UK lifeboat scheme responds to criticism over extra levies
Financial advisers angry about paying thousands more with just 30 days’ notice
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Over two-thirds of firms potentially gave harmful DB advice
‘Alarming’ information prompts UK regulator to write to 1,841 advisory businesses
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Drop in HMRC tax fraud investigations
As FOI shows number of raids fell by 23% last year but ‘interpreting the data is not straightforward’
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Over 14,000 UK retirees suspended their state pension
Few are aware of the flexibility allowing people to hit pause and even earn interest
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Downsizing property doesn’t mean short-changing heirs
Careful planning means expats can unlock retirement funds from their homes and still leave a legacy
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US in the news: Fiduciary Trust completes second deal of 2019
A round-up of the latest people moves and M&A deals in North America
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South African regulator fines asset manager
For promoting and soliciting unapproved offshore funds to investors
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Australians to sue over excessive life insurance premiums
They allege that a subsidiary of Commonwealth Bank pushed them into overpriced policies
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Five countries unite in global tax evasion crackdown
Cheats around the world ‘should be on notice that their days of non-compliance are over’
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Is South Africa bracing for a fintech revolution?
Lack of financial literacy could pose a problem for the development of the sector