New Zealand scraps proposed tax on fund management services
After it caused a ‘significant media backlash’
Tax & Regulation
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Advice company under investigation enters liquidation
Lifeboat scheme has received claims against the firm relating to the British Steel pension transfer scandal
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Nine US investment advice firms charged with regulatory breaches
They have all agreed to pay combined penalties of over $1m
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Blacktower unveils Portugal expat service for US nationals
Firm plans to expand offering across Europe ‘and perhaps internationally in the near future’
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UK calls for written evidence on Financial Services and Markets Bill
Parliament wants comments from people with ‘relevant expertise and experience or a special interest’ in the legislation
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How UK register of overseas entities impacts advice clients
Failure to comply can result in a daily fine of up to £2,500
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Liz Truss wins race to succeed Boris Johnson as UK prime minister
There will be ‘no honeymoon period’ for the newly appointed PM
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How will change in UK prime minister impact tax and pensions?
Triple lock and unfreezing thresholds could be on the agenda for Boris Johnson’s successor
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Sipp operator enters administration in UK
FSCS is investigating if there are any claims that meet the ‘qualifying conditions for compensation’
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UAE wealth firms fined for regulatory breaches
Watchdog said it is ‘committed’ to make companies comply with the rules
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Maltese advice firm and directors charged over $75m fraud
The company and one of the executives were also named in the Paradise Papers leak
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DIY Wills fuel rise in inheritance disputes
Preparing for death ‘might seem pessimistic’ but it can help families cope ’emotionally, practically and financially’