United Kingdom
Investment | 16 Mar 16
Osborne introduces Lifetime ISA for pensions and first homes
The chancellor George Osborne has introduced a new Lifetime Isa which allows anyone under 40 to save up to £4,000 each year tax free, with the government giving savers £1 for every £4 saved.
United Kingdom | 16 Mar 16
More steps taken to tackle international tax avoidance
A further crackdown on international tax avoidance aimed at raising £12bn (€15.2bn, $16.9bn) will include restrictions on royalty payments, interest payments and use of losses, UK chancellor George Osborne revealed in Wednesday’s Budget details.
Macro Views | 16 Mar 16
Client risk appetite has fallen in the UK, say IFAs
Over half of UK financial advisers say their client’s appetite for risk has decreased over the last year – with some saying the drop has been ‘dramatic’, according to new research by online investment platform rplan.
United Kingdom | 16 Mar 16
Ex-Schroders trader pleads guilty to insider dealing
Former Schroders equities trader Damian Clarke has pleaded guilty to nine counts of insider trading and will be sentenced on 13 June.
United Kingdom | 15 Mar 16
Jailed former IFA has landmark sentence extended
Former financial adviser Philip Boakes was sentenced to a further 730 days’ imprisonment on Tuesday for failing to satisfy the £165,731 ($237,877, €213,703) Confiscation Order against him.