United Kingdom
Best Practice | 6 Mar 18
Should baby boomers pay more tax?
The chickens have come home to roost for baby boomers and they should be taxed more to create greater fairness between the generations, a UK politician has argued.
Cycling superstar Bradley Wiggins named in charity tax scam
Tour de France champion Sir Bradley Wiggins has been named as an investor in a tax avoidance scheme that used a charity as a front in an attempt to deprive HM Treasury of more than £100m ($138m, €112m).
Best Practice | 5 Mar 18
Asset managers pay £34m compensation for closet trackers
The Financial Conduct Authority (FCA) has ordered asset managers to pay investors £34m (€38m, $46.9m) in compensation after overcharging for “closet tracker” funds, in a move described as “hugely positive” for investors.
Jersey regulator warns of fake Aussie investment firm
Jersey residents have been warned to be on guard after an Australian firm pretending to be a regulated investment company went on the prowl.
Axa pivots away from life insurance with $15.3bn acquisition
The hits keep coming for the life sector as Europe’s second biggest insurer, Axa, announces a shift from Life & Saving business to Property & Casualty.