United Kingdom
Tax & Regulation | 22 Nov 16
Guernsey’s MTCL fined, directors banned
Guernsey based fund administration group Marlborough Trust Company Ltd (MTCL) has been fined and its directors banned as part of the ongoing fallout from the Arch Cru investment failure.
Tax & Regulation | 22 Nov 16
Seven changes advisers should expect from the Autumn Statement
International Adviser rounds up the expert views on what to expect ahead of the UK chancellor Philip Hammond’s debut Autumn Statement on Wednesday.
Tax & Regulation | 21 Nov 16
Cold calling ban a golden opportunity but other dangers lurk
The government’s plans to crack down on pension cold calling have been hailed as a “golden opportunity” to correct the UK’s “disastrous” rules that are as much use as a “chocolate teapot”, says Angela Brooks of Pension Life.
Tax & Regulation | 21 Nov 16
Film scheme investors to be hit by big tax bill, says HMRC
HM Revenue & Customs (HMRC) has told tax advisers that it will issue payment demands to investors in the Eclipse Film Partnership schemes at levels potentially 10 times higher than their original investment.
Best Practice | 18 Nov 16
ANALYSIS: FCA report puts closet trackers on notice
Unsurprisingly, most of the responses hitting the inboxes of industry journalists through the course of an otherwise quiet Friday began with “welcoming” messages to the FCA interim report on the asset management industry.