Tax & Regulation
Tax & Regulation | 23 Nov 16
Nine key changes from the UK Autumn Statement
Chancellor Philip Hammond took to the despatch box for his first and final Autumn Statement on Wednesday. To the relief on many he resisted further tinkering of the pension system.
Tax & Regulation | 23 Nov 16
Chancellor cuts growth forecasts, announces £23bn ‘productivity fund’
In delivering his Autumn Statement this afternoon chancellor of the Exchequer Philip Hammond announced cuts to growth forecasts and a £23bn ($28.7bn, €27bn) fund to tackle a lack of productivity in the British economy.
Australia unveils standards bill on degree-qualified advisers
Australia has introduced a new professional standards legislation that will require financial advisers to be degree-qualified.
Alternatives | 22 Nov 16
CoInvestor to UK chancellor: Leave pension freedoms alone
Ahead of Wednesday’s Autumn Statement, alternative assets platform CoInvestor has urged UK chancellor Philip Hammond not to backtrack on pensions freedoms.
Tax & Regulation | 22 Nov 16
Guernsey’s MTCL fined, directors banned
Guernsey based fund administration group Marlborough Trust Company Ltd (MTCL) has been fined and its directors banned as part of the ongoing fallout from the Arch Cru investment failure.