Meyado Private Wealth Management UK in liquidation
Financial Services Compensation Scheme says people may be eligible to claim redress
Tax & Regulation
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IHT escapes reform as UK revamps CGT system
Government ‘foolish’ to change inheritance tax which is set to raise £6bn in 2021-22
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Westpac agrees to pay A$113m penalty
After regulator alleges the bank charged advice fees to over 11,000 deceased customers
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Sigh of relief for South African expats?
As Treasury cancels plans to introduce exit tax on retirement interest
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Pension transfer restrictions go live
‘The one lingering concern is how all providers will apply common sense when interpreting the rules’
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UK to force tech giants to tackle scams
In a bid to crack down on ‘massive problem’ of ‘get rich quick’ adverts
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FCA eyes increase to financial services regulatory fees
Watchdog expects to implement changes for 2022/23
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Brooks Macdonald secures Isle of Man licence
Two months after unveiling expansion plans
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Global law firm unveils private wealth operation
It will have a team of 80 people spanning offices in 9 countries across Europe, Asia and Middle East
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‘Ethical water’ investment scam directors banned
Scheme ‘robbed a number of elderly people of a large chunk of their life savings’
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FCA to become a ‘more innovative and assertive’ regulator
Senior managers can now make more decisions to better protect consumers
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FCA eyes ‘default’ investments for non-workplace pensions
To make picking strategies easier for those without an adviser