Multi Media | 19 Mar 15
US equity
Phoenix prevents 8m theft pension liberation
Jersey-headquartered life insurer, Phoenix Group, said potential fraudsters attempted to steal £8m of clients’ pension savings last year.
Tax & Regulation | 19 Mar 15
HMRC to introduce strict liability offence
HM Revenue & Customs plans to introduce a new strict liability criminal offence on both offshore tax evaders and those who help them following the UK Governments clampdown on tax dodging in yesterdays Budget.
United Kingdom | 19 Mar 15
FSCS lays down £20m levy
A surge in complaints about bad SIPP advice has led the Financial Services Compensation Scheme to lay down a £20m interim levy on life and pensions intermediaries.
Budget 2015 Winners losers and kneejerk reactions
The dust is still swirling around the House of Commons and copies of white papers are being furiously read, but the initial reactions are in on this year’s national budget. And, the consensus, if one believes twitter and the stock market seems to be mixed.