News
Retirement | news 21 Jun 17
Pension transfer advice rules were ‘past sell-by date’
The financial planning industry in the UK has welcomed the FCA’s plans to overhaul advice on pension transfers, with many describing the reforms as long overdue.
Tax & Regulation | news 21 Jun 17
UK Queen’s Speech fails to address Finance Bill ‘limbo’
Key tax policies dropped from the Finance Bill in the run up to the general election will now be reviewed over the summer, the UK has announced, as the Queen’s Speech gave little clarity on the government’s tax plans for the coming year.
Tax & Regulation | news 21 Jun 17
CGT and IHT may fall victim to ongoing UK election stalemate
Attractive exemptions to the inheritance tax (IHT) regime as well as low capital gains tax rates could face the chopping block amid concerns that Britain is heading for a second general election this year.
Best Practice | news 21 Jun 17
Overseas pension transfers more complex under new FCA rules
Transfers to overseas pensions are likely to become even more complicated following proposals from the Financial Conduct Authority to overhaul pension transfer advice in the UK.
Best Practice | news 21 Jun 17
FCA to overhaul pension transfer advice rules
Advice on pension transfers is to be provided as a personal recommendation and transfer value analysis replaced with a comparison to show the value of the benefits being given up under plans announced by the UK regulator on Wednesday.