Tax & Regulation
SEC bid to protect investors scorned by own commissioner
With a recent appeals court ruling putting the Obama-era fiduciary rule in limbo, new proposals from the US regulator to protect retail investors have been heavily criticised by one of the Securities and Exchange Commission’s own.
Busting cohabitation myths across 6 jurisdictions
In the UK, many couples mistakenly believe that they acquire similar rights to a married couple after living with their partner after a fixed period of time has elapsed. In an attempt to bust cohabitation myths, Teresa Cullen, partner at international law firm Fladgate, looks at what rights unmarried couples have in several jurisdictions.
UK inflation drop raises questions over rate increase
UK consumer price inflation fell sharply to the lowest rate in a year last month, raising questions over the Bank of England’s (BoE) direction on interest rates.
HMRC pulls pension calculator after Royal London pressure
HM Revenue & Customs knew its pension tax calculator was giving incorrect data to users, but only pulled it once Royal London’s director of policy publicly slammed the tool.
UK Ombudsman faces grilling after TV exposé
Following accusations of poor training by an investigative television programme, the UK’s Treasury Select Committee has set out “important points of principle” it expects to be reflected in the review of the Financial Ombudsman Service (FOS).