Tax & Regulation
FCA proposes raft of pension transfer reforms to help savers make informed decisions
Jon Greer of Quilter said the proposals are positive but “come with trade-offs”
FCA to consult on ditching insurance rules for non-UK business
The regulator is seeking to understand the implications of disapplying ICOBS and PROD rules to non-UK business
Latest news | 9 Dec 25
Half of wealthy individuals don’t keep written record of financial gifts
Charles Stanley highlighted that keeping written records of gifts is essential to avoid IHT bills
Latest news | 9 Dec 25
ASIC takes legal action against unlicensed Spice Capital Partners
The regulator claimed Spice Capital and Adelaide-based Oxlade provided financial advice without a licence
FCA proposes new client classification rules to give more flexibility to wealthy investors
One proposal is to allow individuals with more than £10 million in investable assets to opt out of retail protections