Tax & Regulation
Just under half of HNW Brits not taken advice on IHT planning
As majority of UK adults planning to pass on wealth in their lifetime have not considered how and when to do this
FCA enforcement activity drops in last financial year
Cases opened against firms and individuals fell by 67% and 33%, respectively
Tax paid by non-doms rises 8% in 12 months
With an average individual paying £123,000 in the past year
Singapore to lure more single family offices
As number of firms in the market tops 1,100
Australia sets up task force to disrupt investment scams
It is an ‘important step towards protecting’ investors in the country