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United Kingdom

Osborne to appoint new FCA chief executive soon

Tax & Regulation | 17 Dec 15

Osborne to appoint new FCA chief executive soon

Chancellor George Osborne is expected to name the new chief executive of the UK’s Financial Conduct Authority (FCA) within the next few weeks.

Tax fraud costs UK government £16bn a year

Tax & Regulation | 17 Dec 15

Tax fraud costs UK government £16bn a year

HM Revenue & Customs loses billions each year as a result of fraud and needs to improve its use of data and analysis to tackle tax fraud, the hidden economy, and criminal attacks, according to a new report.

Retirement trends: The Twelve Days of Pensions

Tax & Technical | 16 Dec 15

Retirement trends: The Twelve Days of Pensions

Embracing the festive season, Fidelity International presents to you “The Twelve Days of Pensions 2015”, outlining key retirement trends gleaned from customers calling its contact centre between July and November 2015.

Threadneedle fined £6m over Gersamia fraud case

Tax & Regulation | 15 Dec 15

Threadneedle fined £6m over Gersamia fraud case

Threadneedle Asset Management has been fined more than £6m by the FCA following an attempted fraudulent trade involving a former emerging market debt fund manager Vladimir Gersamia.

New UK secondary annuities market greeted with caution

Tax & Regulation | 15 Dec 15

New UK secondary annuities market greeted with caution

The UK financial services industry has cautiously welcomed the government’s plans to extend its pension freedoms and create a new secondary annuities market by giving more than five million people the ability to sell their annuity from 6 April 2017.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.