Industry
Tax & Regulation | 30 Mar 17
FCA fines ex-investment banker over Whatsapp boasts
A former investment banker has been fined more than £37,000 ($45,965, €42,610) by the FCA after he admitted trying to impress friends by revealing confidential client details in Whatsapp chats.
UK advisers spur growth in Royal London’s life and pensions
Royal London has reported a 28% rise in new life and pensions business to £8.6bn (€9.9bn, $10.6bn), driven by strong sales from UK financial advisers.
Latin America | 30 Mar 17
Wife and mistress must split pension rules Brazil court
The pension benefits of a Brazilian man who died in 2015 should be equally split between his wife and a woman with whom he had a 20-year relationships during his marriage, a court has ruled.
Tax & Regulation | 30 Mar 17
HMRC fails to clamp down on tax evasion as avoidance plummets
The UK tax office is still losing £11.4bn (€13.1bn, $14.1bn) of revenue every year to evasion despite introducing a host of measures aimed at tackling tax avoidance, according to research by consulting firm RSM.
Best Practice | 30 Mar 17
Five ways to benefit at the pension last chance saloon
Pension savers in the UK have up until midnight on 5 April to maximise their contributions to offset this year’s tax bill, says Nathan Long, senior analyst at Hargreaves Lansdown. Here he suggests five ways savers can make the most of their unused allowances.