UK investment platform to launch ‘augmented advice’ service
Firm poaches deputy managing director of M&G Wealth Advice to lead offering
News
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HMRC bags record £14.3bn in capital gains tax
A 42% increase from the 2019-20 financial year
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Scrap emergency tax on drawdown payments, advisers urge
Lifetime and money purchase annual allowances also under fire
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FCA bolsters supervision of appointed representatives
Many principal firms ‘do not adequately oversee’ their activities
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PEOPLE MOVES: IQ-EQ, UBS AM, JTC
Financial services provider hires Europe CEO, as asset manager names head of Hong Kong
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China to create retirement planning programme
It will initially be available via the four state-owned banks across five cities
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Victims of bad pension transfer advice to receive more compensation
Proposed changes in calculation will apply to British Steel members as well
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Forgotten pension pots a worry for third of UK retirees
Many people find it hard to keep track especially if they have changed jobs several times
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FCA mulls broadening retail access to long-term asset funds
Certain investors would need to show they understand the risks and redemption periods before investing
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Shakira set for trial in £12m Spanish tax fraud case
Prosecutor has asked for an eight-year prison sentence
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Ex-financial adviser jailed for three years
She was previously sent to prison in 2009 for stealing from her clients
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Major UK bank and three PE firms circle Quilter
Deal could be worth around £1.4bn