United Kingdom

Africa | 4 Apr 18

Kuwaiti politicians are preparing to debate a polarising remittance tax for foreigners working in the country, after it was controversially endorsed by the parliament’s financial and economic affairs committee.

Companies | 4 Apr 18

Momentum Pensions is positioning itself for further expansion in the growing UK Sipp market by launching a portal that enables applications to be submitted online.

Best Practice | 3 Apr 18

Prudential, Scottish Widows and LV are the latest providers to stop their free pension transfer value analysis services (Tvas) for advisers, as they respond to regulator concerns that such tools could act as an inducement.

Asia | 3 Apr 18

A disgraced Australian businessman has been sentenced to 10 years in jail for his involvement in a A$135m (£74m, $103m, €84m) international tax avoidance scam, bringing an end to what has been described as the largest tax fraud case in the nation’s history.

Companies | 3 Apr 18

The newly formed UK life insurer launched by Life Company Consolidation Group (LCCG) has completed the acquisition of the business of Reliance Mutual Insurance Society.