United Kingdom
Retirement | 17 Aug 16
Scam warning over regulated advisers in pension lib schemes
Pension liberation scams are increasingly being endorsed by FCA-regulated financial advisers, advocacy group Pension Life has warned.
Best Practice | 17 Aug 16
Advisers face hefty fines in HMRC tax avoidance crackdown
Tax advisers and accountants in the UK who help clients avoid paying tax could face fines of 100% of the tax avoided, according to new proposals being considered by HM Revenue and Customs (HMRC).
China’s Noah sets up Jersey managed trust for HNW investors
The Shanghai-based wealth manager Noah Holdings has set up a trust with international service provider JTC in Jersey to address the increasing succession planning needs of its high net worth clients in China.
Best Practice | 16 Aug 16
Product providers should share compensation levy burden
Nearly eight out of 10 (77%) UK advisers believe that product providers should contribute towards the cost of the Financial Services Compensation Scheme’s (FSCS) levy on intermediaries.
Retirement | 16 Aug 16
Wealth management to undergo big changes in the next 5 years
Wealth management businesses will look markedly different in five years’ time, says WH Ireland’s chief executive Richard Killingbeck.