£4m returned to boiler room fraud victims
They were conned out of £70m by bogus stockbroking firms in Spain
Tax & Regulation
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UK rejects automatic pension guidance appointments
Move may ‘encourage people to access their savings earlier than appropriate’, government says
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Two more advice firms linked to British Steel bite the dust
As FCA ban on asset disposal comes into force
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Shift to residence-based taxation ‘would cost the US nothing’
Campaign group argues that rights recently afforded to companies should be extended to individuals
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Taxman nets £6.1bn in IHT
£700m more than the previous 12 months and frozen bands mean it is set to go even higher
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Trust registration deadline looms
Just over 150,000 have been filed with HMRC in five years
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Spain-based cold calling scammers jailed for 11 years
They tricked more than 200 people into transferring their retirement pots worth £13.7m
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Wealth firm that issued mini-bonds enters administration
Around 40 clients invested roughly £4m in the absolute return forex bond
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Emergency asset retention rules hit British Steel advice firms
To ensure they don’t weasel out of paying compensation to victims
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Asset disposal ban for British Steel advice firm
Following letter from regulator warning companies to keep adequate financial resources
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MFSA to educate consumers about insurance-based investments
To make them aware of the risks involved with the products
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UAE unveils entry and residence schemes for expats
In a bid to ‘attract and retain global talents and skilled workers’