HMRC collects extra £540m from lap dancers and dog breeders
Specialist task forces recoup record sum as UK tax receipts plummet by over 40% in April
AJ Bell
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AJ Bell to open platform to third party DFMs in H2 2020
It will provide tax wrapper, custody, dealing and settlement services
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Younger savers very vulnerable to pension scams
Double whammy of high fees and HMRC unauthorised payment charge could leave retirement in tatters
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HMRC pays back record £166m in pension freedoms tax
‘Whole system is complex and there is a clear need to review how it works’
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Covid-19 pushes over 10% of UK retirees to access pension pots
As more than one million people have been furloughed
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Platform sets quarterly record for customers as assets drop 12%
Firm’s CEO is donating April, May and June wages to its Covid fund
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Five things to know before accessing pension freedoms
During the first bear market since they were introduced
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FCA halts 10% drop rule amid coronavirus pandemic
‘They can increase customer anxiety and are a blunt instrument’
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What are the changes to the tapered annual allowance?
And is it just a ‘sticking plaster solution’?
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If IHT was cut to 10% – what would it mean for advisers?
Rumours UK chancellor could also introduce a £30,000 cap on gifts in inheritance game changer
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UK pension tax relief reform cannot just be ‘political play’
Industry worried that 20% cut would do ‘more harm than good’
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Industry still facing ‘tsunami’ of pension freedom challenges
Record year as flexible payments hit £9.4bn in 2019