DWP claims it will cost £500m to ‘unfreeze’ expat pensions
Uprating of expat pensions bound by legal requirements in the country to which person has retired
Tax & Regulation
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High earners in UK stung by NI contributions rise
Gains made from rise in higher income tax rate threshold halved by NIC increase
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Pension and tax industries respond to the budget
Despite a lengthy spell at the despatch box, UK chancellor delivered few real blows
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Budget: pension dashboards and a cold-calling ban
Dashboards – plural – could be a game changer, as pensions cold-calling in the UK takes a big step towards oblivion
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No further pension raid in otherwise lacklustre budget
Pensions and the annual allowance were given stays of execution but no-deal Brexit could prompt rethink
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FCA complaints hit record high of 4.13 million
Phoenix and Share Centre most complained about for investments and pensions, respectively
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‘Incompetent’ duo banned from acting as pension scheme trustees
More than £6m invested in high-risk ventures bearing ‘all the hallmarks of being scams’
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Jersey drafts law to avoid EU tax haven blacklist
Companies based in the jurisdiction will face an economic substance test
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Adviser fines under regulatory microscope in Hong Kong
Insurance Authority eyes maximum HK$10m penalty for licensed insurance intermediaries
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Troubled Greyfriars AM sells SIPP, SSAS pension businesses
Advice firm wind up linked to failed DFM service
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UK and EU agree post-Brexit deal on Gibraltar
Gibraltar’s status as part of the UK signed off by Spain
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‘Bizarre’ court ruling nets UK taxman £300,000 in IHT case
Ruling leaves ‘a complex, nonsensical web of rules which risk layering on extra worry for beneficiaries’