United Kingdom
Best Practice | 13 Feb 18
Cold-calling ban questioned as gov’t plans ‘swifter’ launch
The UK Government is planning to “swiftly” introduce a pension cold-calling ban, but has come up short on setting an exact date, as industry commentators have questioned how effective a ban will be in stopping criminals.
EU advisers face VAT fees after ‘historic’ Italian ruling
The Italian tax authority has ruled that independent financial advisers are subject to VAT fees, setting a legal precedent for other EU nations to adopt.
Sipp provider sued by 77 investors
A judge has granted a request from 77 self-invested person pension scheme (Sipps) investors to join forces under a group litigation order and sue Berkeley Burke Sipp Administration for mis-selling.
Best Practice | 9 Feb 18
One in 25 expecting a million pound inheritance – survey
One person in 25 in the UK expects to inherit an estate over a million pounds, according to research from Canada Life.
Pensions Ombudsman investigates 150 British Steel complaints
The UK’s Pensions Ombudsman is currently investigating a group of more than 150 complaints and expects to receive more about transfer values linked to the beleaguered British Steel Pension Scheme (BSPS).