FCA denied additional powers
As relationship between Treasury and regulators deemed enough
Tax & Regulation
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UK government urged to review pension allowances
HMRC told to work with schools to improve public’s understanding of tax and finance
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Singapore regulator bans four advisers over misconduct
Three insurance agents and a bank employee misappropriated client funds
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Multitude of Isas makes adviser job difficult
With AJ Bell submitting a policy paper to the UK chancellor to simplify the product
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Wealth management scammers targeting Belgian investors
Watchdog says victims being contacted via telephone and receiving ‘tempting offers’
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DB pension transfer complaints rise 44%
FOS received 798 complaints and upheld 39% of cases in favour of clients in 2018/19
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Cayman Islands to introduce beneficial ownership register
Legislation still being drafted but should come into force by ‘at least’ 2023
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Last call for £8.5m betting scam victims
As they may be eligible for compensation and get part of their investments back
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Switzerland stops information exchange with Bulgaria
Following data leak of Bulgarian and foreign taxpayers’ financial account details
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Call to scrap pension tax-free cash will ‘damage confidence’
Backlash to think tank proposal axing 25% allowance to pay for abolition of inheritance tax
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India given first round of Swiss bank account data
After signing agreement at the end of August 2019
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Collapsed Sipp firm drops judicial review appeal
Administrators to focus on the company’s creditors and safeguarding of funds