News
Tax & Regulation | news 3 Feb 17
UK introduces £1,500 tax free pension advice allowance
UK savers planning their retirement will be able to withdraw up to £1,500 ($1,893, €1,754) from their pension pots tax-free to pay for financial advice, under plans unveiled by the British government on Friday.
Best Practice | news 3 Feb 17
Employment prospects on the rise in UK financial advice
More than three quarters of financial advice firms in the UK are considering taking on additional staff in the next few years, according to a Personal Finance Society (PFS) survey.
KPMG blasts Harlequin boss over investor pay-back plan
The independent trustee of Harlequin Property, the £400m ($509m, €454m) overseas property scheme facing ruin, has blasted the company’s chairman David Ames over how he intends to pay back stricken investors.
PEOPLE MOVES: Indosuez, Zedra, PraxisIFM
Indosuez Wealth Management has appointed a head of markets and investment solutions for Hong Kong, while Zedra has made three senior hires. PraxisIFM has created a group finance director role following the firm’s expansion in 2016.
Tax & Regulation | news 3 Feb 17
DeVere UK no longer providing overseas pension transfer advice
DeVere UK has stopped providing advice on overseas pensions transfers, a spokesperson has confirmed to International Adviser.