News
Asian investment bank gains Ucits licence
A Luxembourg subsidiary of Asia-headquartered Nomura Bank has been granted a licence to operate as a Ucits management company.
Best Practice | news 19 Feb 18
Panama Papers to net UK taxman extra £100m
Investigations into the Panama Papers are expected to generate £100m ($140m, €113m) in additional tax, HM Revenue & Customs confirmed to law firm Collyer Bristow.
Tax & Technical | news 19 Feb 18
Surprise dip in tax from offshore-held property
HM Revenue & Customs has reported a surprise drop in the annual tax enveloped dwellings (ATED) take, which is payable mainly by companies that own UK residential property valued at £500,000 or above.
Sanlam UK acquires £60m financial planner firm
Sanlam UK has continued its expansion by acquiring financial planning firm Grennan Advisers, adding £60m of assets under management (AUM).
Best Practice | news 19 Feb 18
Stricter rules needed to tackle pension scams
The majority of UK adults want stricter rules put in place to ensure their pension pots are secure, according to research by the Pensions and Lifetime Savings Association (PLSA).