Tax & Regulation

Companies | 21 Mar 22

Financial Ombudsman Service increases compensation limit

As it adjusts awards in line with inflation

Companies | 21 Mar 22

Isle of Man tax avoidance promoter fined £150,000

It ‘used a series of tactics to try and frustrate’ HMRC

Companies | 18 Mar 22

British Steel pension transfer advice unsuitable in 47% of cases

Members have lost £18m in redress due to firms entering liquidation

Asia | 17 Mar 22

Trio banned by Hong Kong regulator

After they used false certificates to prove they had minimum requirements to apply to be insurance agents

Companies | 17 Mar 22

DB transfer red flags trigger 500 member interviews

But it is not yet clear if measures ‘are genuinely protecting consumers’