Tax & Regulation
UK regulator offers ‘mis-leading’ Priip performance solution
The Financial Conduct Authority is “comfortable” allowing Priip manufacturers and advisers to provide “explanatory materials” where there are concerns that performance scenarios in mandatory key information documents (Kids) are too optimistic.
Best Practice | 24 Jan 18
UK wealthy struggle to understand inheritance tax
More than two thirds of UK consumers with assets of more than £325,000 ($454,305, €370,339) do not know their estate may be liable for an inheritance tax (IHT) bill, according to research by Canada Life.
Best Practice | 24 Jan 18
Pension freedoms withdrawals hit fresh low
Withdrawals under the pension freedoms have hit an all time low, reducing the need for emergency regulation or government intervention, an industry expert says.
Best Practice | 24 Jan 18
Pension scammers ordered to repay £13.7m in landmark ruling
Four fraudsters who squandered the pension savings of 245 people have been ordered by the UK High Court to pay back £13.7m ($19.1m, €15.6m), the first time such an order has been obtained.
Best Practice | 23 Jan 18
What Shakira’s tax evasion case means for expats in Spain
Expats living in Spain should watch the tax evasion investigation into Colombian singer Shakira with interest, as her situation may be more relevant to them than they might think.