Naming and shaming tax avoiders doesn’t work
The threat of having their names made public does not stop people and companies from avoiding paying tax, a report commissioned by HM Revenue & Customs has found.
Australian financial advisers face ‘provisional’ year
New financial advisers in Australia could soon be known as “provisional financial advisers” and be required to undergo 12 months of practical, on-the-job training.
Gina Miller takes action against FCA over Mifid II silence
The UK’s Financial Conduct Authority has been taken to task for a lack of transparency over its enforcement of Mifid II rules around costs and charges by Gina Miller, co-founder of wealth management firm SCM Direct.
How can a ‘closed’ insurer be open for business?
Phoenix is widely known as a closed fund consolidator, but chief executive Andy Moss argues that this, in many ways, is a misnomer. In this article, he explains why the recent transaction with Standard Life Aberdeen is a “win-win”.
‘Suspicious wealth’ bought £4.2bn of London property
Criminals will have fewer places to hide their dirty money after the UK announced a world-first public register that will force foreign companies owning UK properties to reveal their ultimate owners.