Dwindling UK non-doms pay record £9.4bn in tax
UK non-domiciled taxpayers handed over a record sum to HM Revenue & Customs in 2016/17 despite their numbers dropping by a quarter.
UK non-domiciled taxpayers handed over a record sum to HM Revenue & Customs in 2016/17 despite their numbers dropping by a quarter.
The Association for Investment Companies (AIC) has added its voice to the criticism of the key information document (Kid) required under the retail investment and insurance products (Priip) regulations following a call for feedback by the UK’s Financial Conduct Authority (FCA).
Abacus Financial Consultants head of recruitment joins recruitment boutique, Butterfield appoints for Asia push and Nucleus names two non exec directors and remuneration chair.
A former top football agent, who had players on his books from Arsenal, Chelsea FC and Blackburn Rovers, has lost his £1.2m (€1.35m, $1.58m) tax battle with HM Revenue & Customs.
Hansard Global’s recently announced Bahamas operation will be used to support its “rapidly growing” Latin American client base, according to the specialist long-term savings providers latest results.
UK anti money laundering efforts are struggling because heavy handed reporting rules are creating a glut in poor quality reports – a reform body has said.
Europe’s own Brexit preparations paper offers international insurance and pension policy holders a way to keep honouring contracts – a cross border lawyer has argued.
EU firms will be able to continue passporting into the UK if the Brexit transition period is canned, according to the Financial Conduct Authority (FCA) which spelled out its backup plan on 25 July.
A campaign has been launched to end the ‘injustice’ for five million UK pensioners who cannot access the pensions freedoms because they retired before April 2015.
The head of the Association of British Insurers has warned that 38 million individuals living in the EU could have their UK pension and life policy payments deemed “illegal” if no Brexit deal is reached.
Total funds at newly-listed platform Transact hit £32bn over its third quarter reporting period despite seeing higher outflows.
Franklin Templeton hires from Martin Currie, FundRock appoints a head of business development and BNP Paribas finds its next global head of sustainability.