Industry
Offshore Bonds | 1 Mar 17
Ailo publishes guide to moving overseas from UK
The Association of International Life Offices (Ailo) has published a ‘Guide to Moving Abroad’, designed to assist advisers with clients planning to leave the UK to work or retire.
Tax & Regulation | 1 Mar 17
UK eyes Budget ‘death tax’ proposal to fund elderly care
The UK is considering introducing a ‘death tax’ as part of a move to overhaul how Britons pay for care in their old age.
Investment | 1 Mar 17
UK court bans directors of Australian, Lithuanian wheat scheme
Two directors who ran a wheat-based investment scam have been banned from acting as directors by the UK’s High Court, after failing to account for more than £500,000 ($621,465, €586, 572) of investors’ money.
Best Practice | 1 Mar 17
Life companies ‘hiding’ behind the Law of Agency
Life companies should better vet their advisers rather than hide behind the Law of Agency and claim they are not involved in any mis-selling that occurs, says Simon Willoughby, head of proposition at Utmost Wealth Solutions.
Tax & Regulation | 28 Feb 17
Estates over £1m face 1% ‘stealth tax’ as probate fees rise
The UK government will replace the current flat fee system for grants of probates with a new tiered levy, which could see estates over £1m ($1.24m, €1.17m) tens of thousands of pounds worse off.