Shareholders approve Standard Financial buyout
Shareholders have unanimously approved Tavistock Investments’ acquisition of Standard Financial Group, merging to form one of the biggest advisory networks in the UK.
UK Adviser
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UK to toughen tax evasion laws
The HSBC tax evasion scandal has put pressure on the UK government to introduce new legislation making it easier to prosecute people for hiding money in offshore bank accounts.
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HMRC attacked over pathetic response to HSBC
The head of HM Revenue & Customs (HMRC) has come under fire for not taking action against UK citizens to prevent the HSBC tax evasion scandal.
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UBS investigated over US tax evasion
UBS has today confirmed it is involved in a fresh investigation by American authorities after it allegedly sold products to help US citizens evade tax.
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Canada Life acquires Legal General Intl
Canada Life Group is to purchase Legal & General International to complement its existing offshore businesses in both the Isle of Man and Dublin.
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Standard Life plans purchase
Standard Life has launched a financial advice business which it will grow with the acquisition of progressive advice firms.
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UK taxpayers overpay £5bn in tax
Taxpayers in the United Kingdom are wasting around £4.9bn in unnecessary tax payments due to an absence of awareness, lack of concern or insufficient knowledge, a report suggests.
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Aberdeen suffers 4 8bn outflows in Q4
Aberdeen Asset Management said it is in “good shape” despite its assets under management shrinking by £4.8bn in the last three months of 2014.
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FX trader jailed for seven years for scam
A man who claimed he was trading on foreign exchange markets has been jailed for seven years after conning investors out of £5.5m and splashing the cash on himself.
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Advisers anxious about pending pension policies
Uncertainty around changing pension policy in the UK is the biggest worry for financial advisers ahead of the 2015 general elections, new research reveals.
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FCA bolsters pension protection ahead of reforms
The Financial Conduct Authority (FCA) has outlined plans to introduce extra protection for those accessing their pension pots in light of forthcoming reforms.
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Active management fees to drop at hands
Active management fees may fall as a result of ongoing pressures created by the UKs Retail Distribution Review (RDR), experts have said.