United Kingdom
Tax & Regulation | 10 Mar 17
Ten industry views on the Qrops hammer blow
As the week comes to an end in which the Spring Budget slapped a surprise 25% overseas pension transfer charge in particular circumstances, here are the views on what it means from a cross section of the industry.
Best Practice | 10 Mar 17
FCA sharpens scrutiny on pension transfer complaints
The Financial Conduct Authority has set out a plan to give better redress to those clients who were given unsuitable advice to transfer out of a defined benefit (DB) pension scheme.
Tax & Regulation | 9 Mar 17
UK fraud agency to probe failed Costa Rican forestry fund
The Serious Fraud Office (SFO) has opened a criminal investigation into an alleged fraudulent investment scheme marketed by Ethical Forestry Limited and “associated companies” between 2007 and 2015.
Offshore Bonds | 9 Mar 17
HMRC sets two year window to appeal offshore bond withdrawals
The UK tax office has given policyholders two years to appeal ‘unfair’ or disproportionate tax bills resulting from ‘mistaken’ withdrawals from life policies.
Property, tax and IHT planning under the new UK non-doms regime
With changes to the UK non-domicile regime set to go live next month, Canada Life’s Neil Jones talks through what the reforms mean for property, taxation and IHT planning.