Top tips and guidance for advisers on how to implement best practice in their business models.
Best Practice Spotlight
US to shut $11bn offshore voluntary disclosure programme
The disclosure scheme that allows US taxpayers hiding offshore accounts to come clean and face more lenient penalties will close in September 2018, the Internal Revenue Service (IRS) announced this week.
DB transfers will ‘come to a head’ when stock market falls
When markets fall, consumers who have transferred out of a defined benefit (DB) scheme and started accessing their pots could potentially face a crisis in their retirement, a director from advice firm Tuto Associates has argued.
Is it the end for the traditional life insurance model?
Phoenix Group’s acquisition of Standard Life’s insurance arm is “testament to the current re-shaping of the UK life insurance industry” and the “break-up of traditional models”, the group’s chairman said.
Zurich Int’l Life rolls out online portfolio management tool
Advisers and their clients will be able to digitally rebalance investments using a digital offering launched by Zurich International Life.
News 14 Mar 18
Google bans cryptocurrency ads in high-risk product crackdown
Online advertisements promoting cryptocurrencies and initial coin offerings will be banned on Google, the tech giant has announced.
Analysis 13 Mar 18
Could Dodd’s marriage trigger an IHT review?
The marriage of late comedian Ken Dodd to his long-term partner, and the fact that HM Revenue & Customs lost out on nearly £3m ($4.2m, €3.4m) as a result, has prompted questions about the timing of financial planning, especially so-called “deathbed planning”.
Gallery 13 Mar 18
Asset management chiefs share six industry concerns for 2018
The asset and wealth management industry is about to usher in a period of disruption, with cyber security threats a big concern, chief executives across the sector have warned.