Tax & Regulation | 25 Nov 15
No IHT on drawdown funds, deeds of variation get reprieve
Inheritance tax will not be charged when pension scheme funds are earmarked for drawdown but do not draw all of the funds before death, the Autumn Statement said.
Tax & Regulation | 25 Nov 15
Pension tax changes held back until next year
Any potential changes to pensions tax relief will not be announced until next March, chancellor George Osborne said in his Autumn Statement.
Imminent decision to delay MiFID II in full says report
Europe’s MiFID II legislation looks set to be delayed in full by a year after parliamentarians agreed not to block requests from policymakers and regulators to postpone it.
Middle East | 24 Nov 15
Dubai FSA undertakes full scale review of insurance regime
The Dubai Financial Services Authority (DFSA) has issued a consultation paper on the insurance sector in a bid to clarify and update the regulatory regime.
Retirement | 24 Nov 15
Call for pension transfer warning to stem ‘growing problem’
Insistent clients seeking pension freedoms under the UK’s new rules are creating a conflict of interest for financial advisers in relation to transfers of defined benefit pension schemes, according to the UK’s Personal Finance Society.