United Kingdom
Tax & Regulation | 30 Jan 18
‘Sophisticated’ client wins New Earth compensation bid
A client who lost £75,000 when he invested in a New Earth fund should be fully compensated by his adviser, the UK Ombudsman has ruled.
Appleby vs the BBC and Guardian – round 1 to the law firm
The law firm at the heart of the Paradise Papers leak has successfully blocked an attempt by the BBC and Guardian newspaper to transfer the case to what could have been a more favourable court.
UK to review ‘complex’ inheritance tax
Chancellor Philip Hammond has written to the Office of Tax Simplification (OTS) asking it to carry out a review into inheritance tax (IHT), which he said is “particularly complex” at present.
Woodford, Rathbones and Trojan disappoint in FE ratings
Neil Woodford’s flagship Equity Income fund was downgraded by data-provider FE Trustnet in its latest rebalance from five crowns to just one, six months after receiving the debut accolade.
Best Practice | 29 Jan 18
Younger investors more at risk online
Young people are most at risk of investing in fraudulent schemes pushed on social media, the UK regulator has warned.