United Kingdom
United Kingdom | 19 Dec 11
court rules pensions reciprocation plans illegal
The UKs High Court has ruled that pensions reciprocation plans, whereby members are able to access cash before they reach age 55 by borrowing against their pension, are illegal.
United Kingdom | 15 Dec 11
canaccord to buy collins stewart for 250m
Collins Stewart Hawkpoint is to be bought by Canadian brokerage firm Canaccord, in a deal expected to be worth £250m.
United Kingdom | 12 Dec 11
hmrc announces hartnetts retirement
Dave Hartnett, the HM Revenue & Customs official who was criticised by some politicians for his role in giving Goldman Sachs a break on tax monies owed, is to retire next summer, the agency said.
United Kingdom | 7 Dec 11
uncertainty over qrops legislation
Draft legislation published by HM Revenue & Customs, aimed at eradicating bad practice in the QROPS industry, but which also appears to introduce potentially damaging tax measures, has received a mixed reaction from the QROPS industry so far.
United Kingdom | 6 Dec 11
uk treasury delays residency test legislation
The UK Treasury has decided to postpone the publication of eagerly awaited draft legislation which would have established a statutory residency test.