United Kingdom
Retirement | 26 Oct 16
HMRC data shows £7.6bn withdrawn since UK pension reforms
Nearly £7.6bn ($9.2bn, €8.5bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by HM Revenue & Customs (HMRC).
Best Practice | 26 Oct 16
UK regulator looks to redefine its future scope
The UK’s Financial Conduct Authority (FCA) has begun a consultation with the finance industry to identify which areas of regulation it should focus its resources on in the future.
Tax & Regulation | 25 Oct 16
Arck directors banned by the FCA over £50m fraud
Two UK company directors, who were convicted for giving clients bad advice to invest in fraudulent property investment scheme Arck LLP, have now been banned by the Financial Conduct Authority (FCA).
Investment | 25 Oct 16
SJP reaches record £71bn funds under management
St James’s Place has reached a record £71bn ($86bn, €76bn) in funds under management after a bumper year helped by the acquisition of UK wealth manager Rowan Dartington.
Tax & Regulation | 24 Oct 16
Call to end tax allowance taper as UK Autumn statement nears
After scrapping the secondary annuity market and potentially softening the non-dom tax changes, is the annual pension savings allowance taper the next thing that should go?