Tax & Regulation
UK advisers worried about Consumer Duty rules and guidance
Industry told to ‘seriously start looking’ at processes and ‘consider’ impact of the incoming regulation
The issue with providing ‘reverse solicitation’ to EU clients
Regulators across the bloc have started to scrutinise the practice by UK advisers
Former Australian adviser faces 17 charges
He was permanently banned from the industry for an unrelated matter in 2016
2.5 million UK adults to be dragged into higher rate tax band
But ‘now have a much bigger incentive to put more money into their pensions’
Over £1bn of Russian assets frozen in Jersey
While less than £5m has been seized in Guernsey