United Kingdom

Tax & Regulation | 23 Aug 17

HM Revenue & Customs (HMRC) is warning taxpayers that failing to disclose their offshore accounts could lead to “life-changing consequences” in a letter being sent to millions of individuals via their financial institutions and advisers.

Best Practice | 23 Aug 17

Inheritance tax receipts have risen steadily since 2009/10 and while it is still a small slice of the UK’s overall GDP, the percentage is increasing and advisers need to help clients plan accordingly as it’s not just the wealthy that can be hit, Killik & Co’s Sarah Hollowell tells International Adviser.

Best Practice | 22 Aug 17

The UK government’s decision to make pension transfers into recognised overseas schemes a statutory right has been welcomed by the industry, but experts caution that advisers will need real expertise to ensure clients don’t fall victim to scams.

Tax & Regulation | 21 Aug 17

While welcoming the UK Government’s decision to resurrect a ban on pension cold calling, many industry figures have expressed concerns on how long it will take to implement.

Retirement | 21 Aug 17

IFAs have not unanimously welcomed the UK Government’s revived and extended plans for a ban on pension cold calling, announced Monday as part of a raft of measures to tackle pension scams.