Tax & Regulation
UK parliament unveils inquiry into British Steel pension scandal
FCA, ombudsman and lifeboat scheme to be questioned
Financial Ombudsman Service increases compensation limit
As it adjusts awards in line with inflation
Isle of Man tax avoidance promoter fined £150,000
It ‘used a series of tactics to try and frustrate’ HMRC
British Steel pension transfer advice unsuitable in 47% of cases
Members have lost £18m in redress due to firms entering liquidation
Trio banned by Hong Kong regulator
After they used false certificates to prove they had minimum requirements to apply to be insurance agents