United Kingdom
Tax & Regulation | 31 May 16
HMRC issues U-turn on hundreds of APNs after judicial review
HM Revenue & Customs (HMRC) has withdrawn hundreds of accelerated payment notices (APNs) it issued to taxpayers after a court found it had no right to pursue individuals under the employee benefit trust (EBT) arrangements.
Investment | 31 May 16
Alliance Trust shares climb as merger talks revealed
Scottish-based investment firm Alliance Trust has announced it has entered talks with RIT Capital Partners on a merger of the two companies.
Tax & Regulation | 31 May 16
Isle of Man offers new banking licences to trusts and HNWs
The Isle of Man has begun accepting applications for a new banking licence aimed at non-retail deposit takers, which can be issued to high net worth individuals or new business startups.
Technology | 27 May 16
Half of UK advisers offer clients 24hr portfolio access
Half of UK financial advisers now offer their clients 24-hour access to their investment portfolios, more than double the number that provided the same service last year, according to a new report by ratings and research agency Financial Express (FE).
Retirement | 27 May 16
Canada Life’s Thompson on flexible reversionary trusts
Canada’s Life’s tax and estate planning consultant Paul Thompson outlines the benefits of flexible reversionary trusts.