What advisers should look out for in 2022
Industry players discuss the challenges facing the sector next year
Tax & Technical
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HMRC did not use APNs once last year to tackle tax avoidance
UK taxman says it reprioritised resources to deal with impact of covid
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UK state pension age increase ‘needs to be revisited’
As predicted improvements in life expectancy fail to materialise
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Aussie regulator sues superannuation trustee firm
It alleges the company charged over A$4m in fees for no service
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Cyprus revamps temporary permissions regime for British firms
Regulator set up the scheme in December 2020
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UK government ‘under pressure’ to rethink pension increase
As inflation surpasses 5% mark for the first time in a decade
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FCA removes permissions of brokerage firm
Company was never authorised ‘to provide investment services’
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Brits have ‘no confidence’ in government pension policy
As nearly half want more resources allocated to open up access to financial advice
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FCA eyes ‘fundamental shift’ in customer protection standards
But watchdog criticised for lack of ‘clarity’ and ‘credible regulatory threat’ against ‘bad actors’
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Over 20 mini-bond companies shut up shop in four years
Regulator does not ‘routinely collect data from firms on their issuing/distribution of these products’
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‘Accidental’ Americans file Fatca appeal in Belgium
After taxman refused to stop the transfer of data to the US
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UK scraps mandatory PI insurance plans for tax advisers
Government ‘committed to raising standards’ in the market