Lack of joined-up thinking risks undermining advice review
UK pension transfers, ombudsman award limits and compensation scheme changes not on the agenda
Tax & Regulation
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HMRC offshore tax pot sky-rocketed 72% in two years
Elite unit sifting through bank account records from Channel Islands, Bermuda and BVI – among others
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HMRC unaware of number of pension tax relief breaches
A freedom of information request revealed the taxman doesn’t keep track
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Aussie regulator eyes life insurance cold calling ban
After clients are pushed into buying complex products they don’t need, want or understand
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11 UK firms declared in default by lifeboat scheme
Company that used to represent Alan Shearer among those named
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Ex-solicitor broke trust by dipping into client funds
He loaned over £370,000 to other people which was held in a trust by his law firm
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Are advice firms reporting badly behaved peers to the FCA?
As rising costs often mean ‘good’ firms are hit by the fallout when others go bad
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South African financial adviser arrested for fraud
He reportedly encouraged clients to put money into unregulated investments with ZAR100m potentially lost
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Malta pension rules cause industry confusion
As long as an adviser is regulated, they should have nothing to fear, trade body said
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Barcelona defender hit with €2.1m tax bill
As Spanish tax authorities continue to crack down on famous footballers
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Mifid II still a big concern for IFAs
Brewin Dolphin talks about the challenges the wealth sector is facing
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Civil partnership shake-up to change UK tax system
Unmarried, heterosexual couples could gain IHT and pension rights