Dutch platform provider files £5m lawsuit against Invesco
Litigation over ‘breach of contract’ takes investment manager to court
Tax & Technical
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Isle of Man investment platform receives banking licence
It will offer services to HNWs and corporate clients with at least £500,000 in assets
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UK taxman cannot disclose pension recycling data
Breaches are treated on a case-by-case basis but lack of information risks leaving people in the dark
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Drop in non-doms hits UK coffers
Taxman sees £2.5bn less in revenue coming in from people residing outside the country
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Two American advisers imprisoned for running Ponzi schemes
Collectively they managed to steal $31.5m from investors
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Court case victory for widow ‘at the mercy of trustees’
She was denied money from her late husband’s £30m estate to pay for medical expenses
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UK to ban contingent charging for pension transfers
Mixed response from industry, with some criticising the move as ‘wrong’
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Celebrities face £450m tax bill over film scheme
David Beckham, Guy Ritchie and Sacha Baron Cohen among those who invested
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UBS loses Swiss court battle
Bank forced to hand over information to French tax authorities
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Independent investigation into mini-bond firm imminent
But Financial Conduct Authority employees can turn down interview requests
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UK and Switzerland reach ‘no-deal’ Brexit labour agreement
Means business as usual for financial services firms in both countries
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Millionaires exploit flaws to get UK ‘golden visas’
A Home Office fast-track scheme offered citizenship for £2m