Tax & Regulation
Best Practice | 25 May 23
EU proposes regulatory changes to ‘protect and empower’ retail investors
It confirms inducement ban will be for ‘execution-only’ sales
UK lifeboat scheme cuts 2023/24 levy to £270m
But FSCS says it continues to see increasingly complex firm failures within the Sipp and DB pension advice areas
Young Brits think more long-term about dating than investing
FCA wants investors to ‘re-think their approach’ to the financial markets
Inheritance tax receipts raise £600m in one month
UK government’s ‘proverbial golden goose looks set to continue to deliver’
Canada Life creates professional trustee service
In a bid to ‘relieve the onerous requirements for advisers and their clients’