United Kingdom
Investment | 18 Sep 17
Govt threatens crackdown on investor tax breaks
HM Treasury has threatened to clampdown on a tax-relief system encouraging the wealthy to invest in start-up firms over fears investors are abusing the system.
Serious Fraud Office closure scrapped
The UK’s Serious Fraud Office will not be folded into Britain’s version of the FBI after plans by prime minister Theresa May were abandoned.
Insurers in passporting rights plea to chancellor
Potential problems making pension and insurance payments post Brexit has prompted one member of parliament fight for clarity and the life industry pledge to engage with HM Treasury and EU partners to resolve passporting issues ahead of March 2019.
Expat pensions on the ‘cliff edge’
The chair of the UK Treasury select committee has called on the chancellor to provide clarity on expat pensions in the event of a “cliff edge Brexit”.
Investment | 15 Sep 17
New Earth investor wins appeal
A financial advice firm has been ordered to pay compensation to a client who was wrongly categorised as a professional investor in order for her to invest in the now-collapsed New Earth Solutions Recycling Facilities Investment fund.