United Kingdom
Tax & Regulation | 27 Apr 16
UK MPs query regulator over £74m financial adviser levy
The chairman of the UK’s Treasury select committee, Andrew Tyrie, has asked the Financial Conduct Authority (FCA) to explain how it will ensure levy payers are getting value for money.
Tax & Regulation | 26 Apr 16
Tax havens urged to ‘protect privacy’ by Isle of Man IFA
International jurisdictions need to be “cautious” how they respond to the increased transparency measures put in place following the Panama Papers leak earlier this month, Isle of Man-based IFA group Abacus has warned.
Tax & Regulation | 26 Apr 16
Life offices say offshore bonds to benefit from HMRC reforms
Plans to overhaul the current 5% tax free allowance on life insurance policies are “very good news” for offshore bonds, said Neil Jones, technical manager at Canada Life.
Best Practice | 25 Apr 16
FCA issues 7 scam alerts on unregulated firms in a week
The UK’s Financial Conduct Authority (FCA) has blacklisted a number of firms it believes are providing financial services without authorisation.
UK insurer Phoenix poised to buy Axa’s Sun Life
UK insurer Phoenix Group is close to securing a £500m ($717m, €634m) buyout of smaller rival Sun Life from French insurance giant Axa, The Financial Times has reported.