Expat LM action group secures support from British embassy
A group of expats who invested in failed LM Investment Management funds have secured support from the British Embassy in Thailand.
UK Adviser
-
-
UK tax gap stable at £34bn
The UK’s ‘tax gap’ has remained around the £34bn mark over the previous year, according to the latest figures from HM Revenue & Customs.
-
Tavistock liquidates Standard Financial
UK-based private investment firm Tavistock Investments has placed Standard Financial Group (SFG) and its trading subsidiaries Financial Ltd (FL) and Investments Ltd (IL) into liquidation.
-
HMRC backtracks on loan tax rule for non-doms
HM Revenue & Customs has backed out of a controversial policy to scrap concessional treatment of non-domicile loans.
-
Sale of unregulated schemes now ‘pandemic’ in expat markets
Unregulated collective investment schemes are increasingly being sold to retail investors in some expat markets since the FCA banned their sale in the UK last year, an advice firm has warned.
-
Consumer cost expectations for advice are ‘unrealistic’
UK consumers have unrealistic expectations about the price they can expect to pay for financial advice, according to new research.
-
Birth of a sector: Europe’s listed real estate revolution
For investors looking for value and a sector that remains in the middle stages of its economic cycle, the real estate securities market in Continental Europe may be worth a look, says portfolio manager Gillian Tiltman.
-
UK complaints long-stop proposal praised by advisers
The Financial Conduct Authority’s proposal to introduce a long-stop for claims against financial advice has been met with optimism by advisers.
-
Tax body chides UK Gov’t plan to jail accidental evaders
The UK Government’s pledge to introduce a criminal offence that could put unintentional offshore tax evaders behind bars has been criticised by the Chartered Institute of Taxation (CIOT).
-
UK Gov’t kick-starts consultation into accessibility of advice
The Treasury and the Financial Conduct Authority (FCA) have jointly initiated a consultation to “radically improve” the access and affordability of financial advice in the UK, the first step in a major review of the industry.
-
Fears over pension freedom liability leave savers unadvised
UK financial advisers are avoiding giving advice on the full scope of pension freedoms due to concerns they might be held liable later down the line, according to new research.
-
Global film scheme gang on trial for £100m tax fraud
A financial adviser and a group of film producers who set up an international scheme are facing a trial for fraud.