United Kingdom | 22 Aug 12
fsa proposes ban on ucis
The FSA has published proposals to ban the promotion of Unregulated Collective Investment Schemes (Ucis) to the vast majority of retail investors in the UK following a consultation on the products.
expats paying too much for pension transfers
UK banks are overcharging expats who transfer their British pensions to the countries they now live in, according to a recently-launched company, TransferWise, which specialises in under-cutting them.
Tax & Technical | 22 Aug 12
time apportioned reduction changes
Last week, HMRC published a consultation to propose changes to the time apportioned relief tax regime. Here Prudentials Gerry Brown explains what the revenue has set out to do.
Tax & Regulation | 22 Aug 12
hmrc to visit up to 90 tax advisers
HM Revenue & Customs, in what is perhaps its latest attempt to clamp down on tax avoidance, has announced plans to visit around 80 or 90 tax agents whose client tax filing or tax payment it deems to have fallen outside the range it would normally expect to see.
aberdeen doubles its global small cap fund range
Aberdeen Asset Management has added to its small cap fund range with the launch of a second global proposition.