United Kingdom
Tax & Regulation | 24 May 18
Avoid Harry and Meghan tax hangover warn accountants
Property owners who rented out their Windsor properties for thousands of pounds over the Royal wedding weekend or those selling their Royal goodie bags on eBay, risk a tax hangover if they hide their windfall, London accountants Blick Rothenberg have warned.
Honeymoon over for robo advice
The UK’s Financial Conduct Authority (FCA) has made it clear it will hold robo advice firms to the same high standards as human advisers, with experts saying the honeymoon is now over for those trying to curb the rules.
Customers of failed Sipp investor paid out
The UK’s Pension lifeboat scheme has made its first compensation payments, totalling £5.7m (€6.4m, $7.6m), to customers of the failed discretionary fund manager Strand Capital.
Old Mutual boosts adviser support team
Old Mutual Wealth has hired a pension specialist and an offshore tax expert to strengthen its services for international advisers.
Investment | 22 May 18
FE launches cost transparency tool for advisers
FE has launched a tool which it said provides advisers with a simpler and more holistic way of measuring the impact of costs on real returns and bypass projections provided by fund groups.