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United Kingdom

Ex-adviser jailed eight years over £4m Cyprus property fraud

Tax & Regulation | 12 Jan 17

Ex-adviser jailed eight years over £4m Cyprus property fraud

A former financial adviser has been sentenced to eight and a half years in prison after being found guilty of defrauding clients out of £4m (€4.6m, $4.8m).

HMRC sees 80% leap in anti-avoidance tax take

Tax & Regulation | 12 Jan 17

HMRC sees 80% leap in anti-avoidance tax take

HM Revenue & Customs boosted revenue from its counter-avoidance directorate by 80% last year, according to figures compiled by law firm Pinsent Masons.

Fatca here to stay as US becomes last global tax haven

Tax & Regulation | 11 Jan 17

Fatca here to stay as US becomes last global tax haven

The United States will become the last global tax haven as the Common Reporting Standard (CRS) comes into force, making a repeal of Fatca very unlikely, says Nuri Katz, chief executive and founder of Apex Capital Partners.

Guaranteed retirement income products may not be worth it

Retirement | 11 Jan 17

Guaranteed retirement income products may not be worth it

Retirement income products with guarantees, offered by many life companies in the UK as an alternative to the old fashioned annuity, do not offer value for money in most cases, according to a study by Milliman, an international consultancy group.

Aviva to partner with LinkedIn in hunt for forgotten pensions

Best Practice | 10 Jan 17

Aviva to partner with LinkedIn in hunt for forgotten pensions

British insurer Aviva is in talks to team up with social media giant LinkedIn to create a scheme to track millions of forgotten pension pots.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser. Site managed by Furness Media