Tax & Regulation
Tax & Regulation | 29 Sep 16
UK advisers must record calls under new FCA Mifid II rules
Financial advisers in the UK may be required to record phone calls to clients under the Financial Conduct Authority’s (FCA) proposals regarding Mifid II, which also looks at extending the RDR commission ban for portfolio managers.
Tax & Regulation | 29 Sep 16
Former UK BlackRock fund manager charged with insider dealing
Mark Lyttleton, a former star manager of BlackRock UK Absolute Alpha, has been charged with three counts of insider dealing by the Financial Conduct Authority (FCA).
Tax & Regulation | 29 Sep 16
Pension tax relief and Isas are ‘never tax avoidance’
Paying into an Isa or getting pension tax relief can never be tax avoidance, according to Richard Murphy, an economist and long-standing active member of the Tax Justice Network.
Tax & Regulation | 28 Sep 16
UK watchdog calls to scrap £50k limit on ‘bad’ advice
The head of the UK’s Financial Services Compensation Scheme (FSCS) has called for the £50,000 ($64,907,€57,770) limit on payouts for clients who receive bad financial advice to be scrapped.
Tax & Regulation | 27 Sep 16
Adviser gets extra prison time for failing to repay investors
A financial adviser who funded a lavish lifestyle from investments in an unauthorised collective investment scheme has had an extra 603 days added to his prison sentence for failing to comply with a court order to repay investors.