Financial adviser banned for abusing client funds

Industry | 6 Nov 18

The UK adviser ‘knowingly took people’s money (£200k) for investments he knew were never viable’

Launch of National Economic Crime Centre aims to prevent criminals benefiting from illicit finances

Probate fees capped at 0.5% and threshold raised to £50,000, however, industry remains sceptical

The company will provide a range of financial services’ advice on pensions, planning and investments

Of more than 2,000 over-55-year-olds surveyed in the UK, 21% would be ‘shocked’ to pay tax on their pension

United Kingdom