Tax & Regulation
Appeal costs force LCF victims to drop FSCS legal challenge
Losing could have resulted in a £600,000 bill for bondholders
British Steel IFA firm goes into liquidation
Deal to sell business and assets fell through
Aussie banking group handed A$10.5m fine
After its financial product advice was found to be in breach of the Corporations Act
Introducer firm fined £50,000 for pensions cold-calling
It made nearly 97,000 calls despite the practice being made illegal in 2019
South Africa eyes national social security fund
All employers and employees will be obliged to ‘initially contribute 8-12% of qualifying earnings’