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News

UK eyes Budget ‘death tax’ proposal to fund elderly care

Tax & Regulation | news 1 Mar 17

UK eyes Budget ‘death tax’ proposal to fund elderly care

The UK is considering introducing a ‘death tax’ as part of a move to overhaul how Britons pay for care in their old age.

UK court bans directors of Australian, Lithuanian wheat scheme

Investment | news 1 Mar 17

UK court bans directors of Australian, Lithuanian wheat scheme

Two directors who ran a wheat-based investment scam have been banned from acting as directors by the UK’s High Court, after failing to account for more than £500,000 ($621,465, €586, 572) of investors’ money.

Best Practice | news 1 Mar 17

Life companies ‘hiding’ behind the Law of Agency

Life companies should better vet their advisers rather than hide behind the Law of Agency and claim they are not involved in any mis-selling that occurs, says Simon Willoughby, head of proposition at Utmost Wealth Solutions.

GL Asset Management rolls out four sicavs to UK market

Investment | news 28 Feb 17

GL Asset Management rolls out four sicavs to UK market

Andy Sullivan, BlackRock alumnus and new chief executive of GL Asset Management UK is debuting four Luxembourg-domiciled funds to professional investors.

Estates over £1m face 1% ‘stealth tax’ as probate fees rise

Tax & Regulation | news 28 Feb 17

Estates over £1m face 1% ‘stealth tax’ as probate fees rise

The UK government will replace the current flat fee system for grants of probates with a new tiered levy, which could see estates over £1m ($1.24m, €1.17m) tens of thousands of pounds worse off.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.