UK extends video witnessing of Wills to 2024
It is likely to remain a ‘temporary measure’ as solicitors prefer in-person meetings
Tax & Regulation
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Advisers and trustees need to be more risk and fraud aware
Covid is a prime example of an event that could trigger or reveal wrongdoing
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UK lifeboat scheme proposes £5m increase to 2022/23 budget
Due to rise in complex claims which will require additional time, resource and skilled expertise to process
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Forthplus clients urged to make claims against IFAs
Defunct Czech firm which gave advice on pension transfers into the company’s Sipp also in the firing line
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Double tax whammy risk for big pension withdrawals
As 61% of retirees accessed their pots without financial advice
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Aisa International secures Mifid discretionary licence
‘Some deliberate false information promulgated about UK pensions/investments in the EU over past year’
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UK investment manager unveils Aim portfolio
Product will offer ‘significant estate planning benefits five years faster’ than other IHT solutions
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DIFC unveils specialist court for digital economy disputes
To attract global investors interested in the space
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How will dividend tax rises impact UK advice clients?
‘Investors will need to switch to a capital withdrawal strategy in retirement’
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Pension system changes leave women with no inheritance rights
‘Complexities’ mean that couples ‘should be encouraged to start making considerations as early as possible’
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Guernsey trust company and directors fined £400,000
They ‘failed to monitor and manage the financial crime risks associated with its customers’
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Well, that was unexpected…
International Adviser looks back at the most salient stories of 2021