There would be widespread support from international advisers for the UK’s Department for Work and Pensions (DWP) to reassess changes to overseas pension transfers, according to research from Old Mutual International (OMI).
A UK tax adviser and accountant has been jailed for five years after being found guilty of evading more than £6m in tax for himself and his clients, who were mostly from the media and entertainment industry.
The Korean government intends to temporarily waive a 15.4% capital gains tax on overseas equities funds, according to a Cerulli report.
Calls from customers on changes to the lifetime tax allowance (LTA) increased fourfold in the second half of 2015, according to Fidelity International (FI), as consumers start to take action ahead of the April deadline.
The Financial Conduct Authority is considering reintroducing limited commission payments for certain retail products.
With the news that the FCA’s search for its next chief is ongoing, here’s our crack at what the job description might look like.
Jersey and Guernsey will no longer appear on Italy’s tax blacklist, after the Italian parliament revised provisions in the country’s tax code relating to blacklists on corporate taxation and controlled foreign companies (CFC) rules.
The acting head of the Financial Conduct Authority (FCA), Tracey McDermott, has ruled herself out of taking on the job full-time, according to UK chancellor George Osborne.
The Australian Government closed its consultation period on Monday for new legislation designed to raise education, training and ethical standards for financial advisers.
Investor immigration programs have been growing in popularity around the world, while governments have sought to constantly adjust their requirements to the increased demand.
Regulatory change, whether from growing enforcement of existing rules or the emergence of new ones, had a major impact on international life companies and financial advisory businesses in the Gulf during 2015.
The decision by HM Revenue & Customs (HMRC) to drop thousands of Qrops from its list of recognised overseas pension schemes was one of the biggest stories of 2015.
