United Kingdom
Competition watchdog to scrutinise Standard Life/Aberdeen deal
A UK government watchdog has announced an investigation into the merger of Standard Life and Aberdeen Asset Management, to ensure it does not damage competition in the industry.
Tax & Regulation | 22 May 17
British PM to water down £100k ‘dementia tax’ pledge
British prime minister Theresa May has said she will set an “absolute limit” on the money people will have to contribute to pay to fund their long term social care when they retire.
AJ Bell grows revenues amid record new client sign-ups
Online investment platform AJ Bell has reported rapid growth in its revenues after it added almost 12,000 customers in the space of six months.
United Kingdom | 22 May 17
UK leader steps up adviser clampdown over tax avoidance
The UK’s Conservative Party has said it plans to impose “tougher regulations” on advisers who use aggressive tax planning as one of its campaign pledges ahead of next month’s general election.
Tax & Regulation | 19 May 17
Critics slam UK’s plans to scrap fraud agency as ‘dreadful’
British prime minister Theresa May’s pledge to abolish the Serious Fraud Office (SFO) has been blasted as a “great danger” as critics voice concerns it will harm how white collar crime is tackled in the UK.