News
Best Practice | news 29 Jan 18
Isle of Man cracks down on unlicenced activity
The Isle of Man Financial Services Authority (FSA) is taking a “proactive initiative” to clamp down on financial services professionals conducting regulated activities without a licence.
Best Practice | news 29 Jan 18
Aegon publicly slammed by PensionBee chief exec
Aegon’s “arduous” pension transfer process is creating barriers to stop customers transferring out and risks them becoming immune to red flags and falling victim to scams, the chief executive of PensionBee wrote in an open letter to her Aegon counterpart.
Tax & Technical | news 29 Jan 18
Savers snared in £300m business tax
A UK budget measure aimed at corporates will eat into people’s savings, a government letter has revealed.
Best Practice | news 29 Jan 18
Petition to scrap 25% Qrops charge launched
A petition has been set up to get the UK Government to scrap the “unfair” and “discriminatory” 25% charge on qualifying recognised overseas pension scheme (Qrops) transfers.
Jersey firm expands private client strength and adds specialism
Offshore services provider Ocorian is to purchase Jersey-based Capco Trust, an independent private client and corporate services business.