HMRC powers to scrutinise unexplained wealth go live
“Significant” regulation that requires individuals to explain to HM Revenue & Customs and the Serious Fraud Office (SFO) where their wealth came from has come into force.
Amazon moves into healthcare with Buffett and JP Morgan
Amazon has announced plans to partner with Warren Buffett’s Berkshire Hathaway and JP Morgan to launch an independent company that will offer low-cost healthcare to the employees of all three companies, a move that has halted the January healthcare bull run on Wall Street.
PEOPLE MOVES: Metlife, Aviva and WH Ireland
WH Ireland appoints a chief operating officer from Brewin Dolphin, Aviva expands its emerging markets debt team and Metlife names a new head of its global employee benefits team.
UK to review ‘complex’ inheritance tax
Chancellor Philip Hammond has written to the Office of Tax Simplification (OTS) asking it to carry out a review into inheritance tax (IHT), which he said is “particularly complex” at present.
Best Practice | 29 Jan 18
Isle of Man cracks down on unlicenced activity
The Isle of Man Financial Services Authority (FSA) is taking a “proactive initiative” to clamp down on financial services professionals conducting regulated activities without a licence.


