United Kingdom

Retirement | 25 Aug 16

IFG Group, the parent company of UK Sipp provider James Hay, has warned that the Bank of England’s (BoE) interest rate cut earlier this month could see platform charges rise.

Tax & Regulation | 24 Aug 16

UK-based IFA firm Tenet must compensate a client for advising him to transfer his pension into the doomed high-risk Arch Cru fund, which lost investors up to £361m ($462m, €408m).

Best Practice | 24 Aug 16

The UK tax office has announced plans to increase the penalties on anyone who has not paid outstanding taxes from offshore investments ahead of the start of a new data sharing agreement with the crown dependencies and territories in October.

Best Practice | 23 Aug 16

Over half of financial advisers based in the UK feel pressured to offer advice to clients about more than just their money, according to a new survey.

Tax & Regulation | 23 Aug 16

The UK’s Financial Ombudsman Service (Fos) has set out the scale of fraud carried out in the country’s financial services sector, pledging to work with other regulatory bodies such as the Financial Conduct Authority to crackdown on scams.