‘Large tax bills’ to hit savers without LTA protection
So far, over 300,000 people have applied to HMRC to safeguard against changes
So far, over 300,000 people have applied to HMRC to safeguard against changes
UK taxman is ‘finally shrugging off the disruption caused by lockdown and turning up the heat’
Just days after the firm was fined nearly €5m for AML/CTF breaches
Proposals ‘were not well understood and misrepresented’ and more clarification is needed
A bigger slice of the PIE may not necessarily be in a client’s best interests
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’
Alongside five other entities used to receive investor funds
But upper tribunal judge critical of how the regulator handled the case
‘Seriousness and systemic nature of failures’ allowed millions to pass through unchecked
Money was raised from over 400 investors – including elderly retirees
Misleading statements ’caused harm to customers’ says regulator
Portability, wider fund ranges, currency options and tax all play a role in attracting expats