Multi-million debts seal rare stamp dealer’s fate
SG Guernsey, a wholly owned Stanley Gibbons subsidiary, has gone into administration with £70m in debts and leaving stamp collecting investors in limbo.
SG Guernsey, a wholly owned Stanley Gibbons subsidiary, has gone into administration with £70m in debts and leaving stamp collecting investors in limbo.
With the budget lacking much detail, the financial services industry has been left to ponder what the chancellor actually meant when he said the government will publish a consultation in 2018 on how to make the taxation of trusts simpler, fairer, and more transparent.
Collaboration between advisers in the UK and Europe will be key post Brexit, with the EFPA’s first initiative being to ensure that IFAs will be able to convert their UK qualifications into European diplomas.
Commercial property tax changes could lead to a UK non-dom exodus, international law firm Withers has warned.
UK investors in balanced portfolios could lose as much as 20% following a significant market correction as financial advisers gravitate towards higher risk profiles within their standard portfolios, according to Natixis Investment Managers’ latest UK Portfolio Barometer.
Two weeks after his sudden death, the Personal Finance Society has honoured Mike Morrison, head of platform technical at AJ Bell, with its lifetime achievement award.
It is “business as usual” for UK pensions as no major changes were included in the Autumn Budget by chancellor Philip Hammond, although some small tweaks were made to the lifetime allowance, asset management and the personal income allowance.
HM Revenue & Customs will be able to assess offshore tax non-compliance dating back at least 12 years, triple the current system, under plans announced by chancellor Philip Hammond in the Autumn Budget on Wednesday.
UK investors shrugged off leaving the EU, German election uncertainty, terrorism, the fall in the pound and a shaky housing market to say they were feeling bullish.
The government has revealed measures to ban pension cold calling as figures reveal that almost 11 million people, or one in six Brits, are cold-called about their pension each year.
With chancellor Philip Hammond poised to release the government’s Autumn Budget on Wednesday, International Adviser has spoken to experts from Old Mutual Wealth, RSM, Mazars, Irwin Mitchell Private Wealth and Aegon to get their budget predictions.
There is a crisis brewing in the retirement income market where there is a lot of freedom but little choice, according to a study published Monday.