‘Double tax trap’ risk from IHT and CGT changes
‘People could fall foul of the fiddly rules and not know they have an extra tax bill to pay’
Latest news
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Just 8% of insurers comply with incoming Consumer Duty
But regulation could be ‘golden ticket’ to start doing things differently
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British Steel pension advice firm fails
12 claims have already been filed with the FSCS
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PEOPLE MOVES: Blacktower, Deutsche Bank, Continental
Advice firm bolsters Cayman arm with senior hires, while banking giant names group head of wealth in Asia
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Deutsche Bank targets Middle East and Asia wealth expansion
It plans to ‘significantly invest’ in markets such as Saudi Arabia and Indonesia
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IHT receipts 14% higher than in 2021
Taxman has collected £4.1bn in the current tax year so far
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Spain to supercharge its wealth tax
Which could come into force as early as December 2022
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Millennials prioritise parents over inheritance
Preferring they have a comfortable retirement rather than gift money
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FSCS on the hunt for clients of two unregulated investment firms
To explore whether compensation could be deemed valid under its rules
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PEOPLE MOVES: Amundi, Singlife, Schroders PW
French asset manager names Belgium CEO, while insurer hires deputy CIO
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‘Deep freeze’ and tax cuts mean bad news for IHT and CGT
Chancellor Jeremy Hunt unveils ‘balanced plan’ to cope with record inflation and cost-of-living crisis
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Consumer Duty needed to restore ‘failing public confidence’
FCA chief executive wants the regulation to help bring down FSCS levy and number of FOS complaints