United Kingdom
Offshore Bonds | 26 Jun 17
Old Mutual unveils offshore bond for UK market
Life insurer Old Mutual International has launched a new offshore bond in the UK aimed at savers caught out by cuts to the pension allowances.
Tax & Regulation | 23 Jun 17
HMRC faces claims of ‘unlawful’ raid on Newcastle Utd
The seizure of documents from British football club Newcastle United by HMRC tax officials may have been unlawful, a judge has said.
Tax & Regulation | 23 Jun 17
Regulation must be ‘appropriate,’ says advisory body chairman
The incoming chairman of a newly merged trade body for financial advisers in the UK has pledged to fight the industry’s corner in talks with the government and regulators.
Retirement | 23 Jun 17
Up to £50bn pulled from DB schemes in pension transfers
The amount of money being withdrawn through transfers from defined benefit (DB) pension schemes in the UK has reached a record £50bn since the pension freedoms came into force, according to new figures released by professional service group Mercer.
Tax & Regulation | 23 Jun 17
UK IFA promoting Brazilian teak scheme enters liquidation
Total Wealth Solutions, which has links to the collapsed Brazilian teak forestry scheme Para Sky Plantation, has entered voluntary liquidation, just months after the UK’s Financial Ombudsman Service (FOS) upheld a complaint against the financial advice firm.