How will the GMP equalisation ruling impact pension transfers?
‘There potentially will be some difficulties’ as trustees may need to dig up data from 30 years ago
Court
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UK fund manager cleared of indecent assault
Junior female banker claimed the incident happened in 1998
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NRIs reeling after temporary tax residency reliefs vanish
Those stuck in India during the pandemic have until the end of the month to sort out their affairs
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UK watchdog refunds £3.42m to investment scheme victims
They were promised unrealistic high returns such as ‘up to 100% of the amount invested’
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Top Indian court orders taxman to review NRI reliefs
Involuntary overstay exemption not extended leaving some at risk of losing their non-resident status
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DB transfer duo faces court action over unsuitable advice
UK regulator secures asset freezing order for up to £7m
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IFS Qatar loses court fight
Victor says ‘our sector should have no place for the individuals who are currently running IFSQ’
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Pension introducer granted appeal over refund court ruling
Firm’s lawyer ‘surprised that the FCA chose not to include regulated Sipp providers and IFAs’ in the claim
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Partial win for Quilter in legal case against former adviser
But judge rules restrictive covenants were excessive and not enforceable
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High court shuts down UK art investment firms
They ‘were used as part of a cynical scam targeting members of the public’
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Trio of property investment firms enter provisional liquidation
Investors and creditors urged to provide details of their claims
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Landmark pension equalisation ruling a ‘headache’ for schemes
DB pension transfers from 1990 onwards may require compensation as a result