Best Practice | 15 Nov 16
Cross border adviser diplomas between UK and Ireland go live
The Chartered Institute for Securities & Investment (CISI) has agreed a cross border deal enabling recognition of its financial services qualifications between Ireland and the UK.
Best Practice | 15 Nov 16
UK providers forced to cap early exit pension charge at 1%
The UK’s Financial Conduct Authority (FCA) and Department for Work and Pensions are to impose a 1% early exit charge cap on existing personal pensions and occupational schemes from 31 March next year.
Tax & Regulation | 14 Nov 16
Former BHS owner Dominic Chappell arrested in HMRC probe
Dominic Chappell, the former owner of the collapsed UK department store BHS, has been arrested as part of an investigation by HM Revenue & Customs into the tax affairs of his company Swiss Rock.
Ex-BSI banker jailed for forgery in Singapore’s IMDB scandal
A former senior BSI Bank vice president was jailed on Friday for 18 weeks by a Singapore court, for forgery and failure to disclose suspicious transactions as part of the investigations into the 1Malaysia Development Bhd (1MDB) money laundering scandal.
Best Practice | 10 Nov 16
Product Spotlight: review of Old Mutual Int’l Wealth Mgt Plan
In the third of a series of three independent reviews of international life products, Brian O’Neill, consultant at Isle of Man-based actuary and consultancy firm Boal & Co, puts the spotlight on Old Mutual International’s Wealth Management Plan.