Industry
Tax & Regulation | 15 Jun 15
Ex-lovers and colleagues fuel rise in tax whistleblowing
Experts have said that a 50% leap in payments by HM Revenue & Customers to tax informants could be driven by ousted spouses and angry ex-colleagues
Tax & Regulation | 15 Jun 15
UK gov’t minister warns pension providers to increase reform efforts
Britain’s Work and Pensions Minister Iain Duncan Smith has warned the pension industry to stop dragging its feet over implementing the government’s reforms, which came into effect on 6 April.
SA advisers call for more regulatory effort, divided on RDR
Nearly all South African independent financial advisers would welcome more efforts by the country’s regulator to police unregulated schemes and products, but plans for a UK-style Retail Distribution Review have received a mixed reception, according to a new survey.
North America | 15 Jun 15
Anti-FATCA group finalises lawsuit against Canadian Gov’t
A group promoting Canadian sovereignty has raised 80% of the funds required to take the Canadian Government to court for providing residents’ details to the US for its Foreign Account Tax Compliance Act (FATCA).
Advisers fear self-select services and investment platforms
Financial advisers see self-select websites and direct investment platforms as their greatest competition going forward, a new poll has revealed.