Tax & Technical
Many UK retirees lose out on tax and investment incentives
Because they are accessing the pension freedoms without advice
IFAs already struggling to find PI cover
But increasing cost could go against Financial Advice Market Review objectives
UK taxman to stop fraudsters using ‘spoofing’ tactics
Scams mimic HMRC’s helpline numbers to steal money from taxpayers
UK foreign property ownership register criticised
Parliamentary committee laments the presence of ‘loopholes’ in draft legislation
Aussie law firm officially files class action against AMP
It is seeking compensation for fund members who paid ‘unreasonable fees’