Tax & Technical
FCA refuses to authorise more than 340 firms
As it prevents 12 financial advice companies from phoenixing
UK regulator rolls out DB transfer assessment tool
To examine financial advice given before October 2020
Argentina passes ‘one-off’ wealth tax
To raise $3.5bn to pay the country’s covid-19 bill
US fund manager charged for defrauding retail investors
He and his company misappropriated $7m in client money via real estate investments
Advisers warned about social media risks
While UK regulator to send out third covid-19 financial resilience survey