United Kingdom
Tax & Regulation | 5 Jan 17
UK upholds use of controversial APNs to tackle tax avoidance
HM Revenue & Customs (HMRC) has said it will continue to use accelerated payment notices (APNs) to combat tax avoidance schemes, despite concerns that the penalties are “morally questionable”.
Embark’s Adviser Centre snaps up research firm
UK online investment intelligence service, the Adviser Centre, has announced its acquisition of research group Scopic Research amid efforts to increase its presence in the UK IFA and wealth management space.
United Kingdom | 3 Jan 17
Steve Webb knighted in New Year’s honours list
Former UK pensions minister Steve Webb has been awarded a knighthood for political and public service in the Queen’s New Year honours list.
Aegon to become ‘fully-fledged’ platform after Cofunds buyout
Dutch-headquartered insurer Aegon has moved a step closer to transforming itself from a traditional life company to a “fully-fledged platform business”, after officially completing the purchase of the Cofunds UK platform.
Tax & Regulation | 22 Dec 16
HMRC reveals 10 worst excuses for late tax returns
Each year HM Revenue & Customs (HMRC) receives a number of unusual excuses from people who failed to file their self assessment tax return before 31 January.