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United Kingdom

Woman fined for not helping in £13m pension scam probe

Retirement | 7 Jul 17

Woman fined for not helping in £13m pension scam probe

An office manager of a firm currently under investigation by the UK’s Pensions Regulator (TPR) for running a suspected £13m (€14.7m, $16.8m) pension liberation scam has been convicted of withholding information.

Ten ways HMRC is catching tax cheats

Tax & Regulation | 7 Jul 17

Ten ways HMRC is catching tax cheats

Recent high-profile wins against tax evaders prove that when it comes to cracking down on tax dodgers, HMRC is serious about stepping up not only its surveillance but also about finding innovative ways of catching out tax cheats. Here are some the methods the UK tax office employs.

Ex-adviser jailed for stealing thousands to pay off mortgage

Tax & Regulation | 6 Jul 17

Ex-adviser jailed for stealing thousands to pay off mortgage

A former director of a company that provided financial advice to the Law Society of Northern Ireland has been jailed for six months for stealing thousands.

UK investors pile into bonds and sell down UK equities

Investment | 6 Jul 17

UK investors pile into bonds and sell down UK equities

Investors piled into the IA Sterling Strategic Bond sector in May, while UK equity funds experienced a net retail outflow of £479m ($642m, €566m), according to the latest IA statistics.

Ultra-wealthy missing out on ‘huge returns’

Investment | 6 Jul 17

Ultra-wealthy missing out on ‘huge returns’

Risk averse high-net worth investors are losing out on significant returns, as more than a third of the average portfolio is held in cash new analysis by UBS has revealed.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.