United Kingdom
Tax & Regulation | 29 Mar 18
HMRC to be quizzed over fairness towards individuals
HM Revenue and Customs is to face questioning over its treatment of individuals during tax enquiries.
IFAs urged to ditch IoM life cos over commission disclosure
IFA firms should “wrest control” of their businesses from life companies based on the Isle of Man before the Conduct of Business Code comes into force, the director of Thames River International has argued. A move described by one industry source as “dodgy” and a “stain on the industry”.
FCA to probe Aviva £450m share U-turn
The Financial Conduct Authority is to investigate insurance giant Aviva over whether its plan to cancel preference shares was market abuse.
Passporting vital for small advice firms post-Brexit
News that passporting will continue during the Brexit transition period has been welcomed by the founder of a Belgium-based advice firm who has also backed the FCA chief’s calls for the agreement to continue after the UK leaves the EU.
Investment | 28 Mar 18
Allianz backed robo-adviser launches Sipp
Digital wealth manager Moneyfarm has launched a self invested personal pension (Sipp).