Regions
Tax & Regulation | 8 Dec 16
HMRC targets 43 football players after £158m tax avoidance haul
HMRC is currently investigating 43 football players and 12 clubs over their use of offshore companies to avoid paying tax on money earned through image rights in the UK, with a senior official revealing the tax office has clawed back £158m ($199m, €186m) in the last two years.
UK and Hong Kong regulators agree fintech cooperation
The Hong Kong Monetary Authority (HKMA) and the UK’s Financial Conduct Authority (FCA) are to “foster collaboration between the two regulatory authorities in promoting financial innovation”.
Pioneer suspends two fixed income fund managers
Global asset management firm Pioneer Investments, has suspended two top fixed income fund managers at its Dublin-based operation, industry sources have confirmed.
Best Practice | 7 Dec 16
UK advice industry failing to attract graduates
The UK financial advice industry is failing to recruit graduates and trainees into the sector, according to a new study by Investec Wealth & Investment (IW&I).
Retirement | 7 Dec 16
Regulating Rops will ‘level playing field’, say providers
The UK’s plans to change the way overseas pension schemes are taxed and regulated have been welcomed by some providers, who say the changes will level the playing field between Rops and UK pensions and increase consumer protection.