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UK tax office considers changes to lifetime allowance protection

Tax & Regulation | 22 Jul 15

UK tax office considers changes to lifetime allowance protection

The UK tax office has decided to offer pension savers the ability to protect their entitlement to £1.25m lifetime allowance when a new lower limit is introduced on 6 April 2016, but is looking at changing the way individuals register for the protection.

HMRC spares ‘non-aggressive’ trusts from IHT avoidance scheme crackdown

Offshore Bonds | 22 Jul 15

HMRC spares ‘non-aggressive’ trusts from IHT avoidance scheme crackdown

HM Revenue & Customs has proposed strengthening the ‘hallmarks’ it uses to identify inheritance tax planning arrangements but has excluded certain types of trusts used alongside life assurance policies.

VAM forms exclusive partnership with Close Brothers

Europe | 22 Jul 15

VAM forms exclusive partnership with Close Brothers

Luxembourg-based VAM Funds has signed a deal with Close Brothers Asset Management (CBAM) to give its non-UK-based advisers the chance to tap into the latter’s discretionary fund management services.

ANALYSIS: Could an MPC vote split usher in the autumn?

Investment | 22 Jul 15

ANALYSIS: Could an MPC vote split usher in the autumn?

With MPC minutes having today revealed growing concerns about UK inflation it suggests that, alongside rising interest rates, investment strategists are going to have plenty to ponder by the time the summer fades.

Wheatley ‘disappointed’ to leave FCA with unfinished business

United Kingdom | 22 Jul 15

Wheatley ‘disappointed’ to leave FCA with unfinished business

Ousted Financial Conduct Authority boss Martin Wheatley has said he is “disappointed” to be leaving his job at the UK regulator and feels a “sense of unfinished business” at doing so.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.