United Kingdom
Best Practice | 31 Jan 17
Six year-end tax issues for non-doms in the UK
The approaching tax year-end applies equally to those born in the UK and to foreign expats living there. This year, expats may have even more to consider given the new non-dom rules coming into force from 6 April 2017, warns Old Mutual Wealth’s financial planning expert, Rachael Griffin.
Best Practice | 30 Jan 17
Cold calling continues to rise despite proposed ban
In spite of warnings from government and the pensions industry, 7% of UK adults said they had released some or all of their pension savings as cash after being cold contacted, research from Phoenix Group has found.
Gibraltar must ‘be very ferocious’ in Brexit talks
Former UK deputy prime minister Nick Clegg has said Gibraltar must be “very ferocious” in its demands ahead of the Brexit negotiations, warning that the British overseas territory’s fate “will be at the very bottom” of prime minister Theresa May’s list of priorities.
Ex-FCA chief McDermott to join Standard Chartered
The former head of the UK’s Financial Conduct Authority (FCA), Tracey McDermott is to join Standard Chartered in the latest high-profile hire for the bank.
Tax & Regulation | 27 Jan 17
HMRC under fire for £1bn fall in wealthy tax take
HM Revenue & Customs has come under attack for not explaining a near £1bn (€1.17bn, $1.25bn) drop in income tax receipts from high net worth individuals in a scathing new report by a UK parliament select committee.