Tax & Regulation
How will the Portuguese budget impact expats?
UK’s exit from EU means Brits may no longer be able to take advantage of previous benefits
UK tax allowances cut 11% in 10 years
Savers urged to act ‘rather than wait and think it will be the same’
46% drop in UK firms offering DB transfer advice in a year
It is a ‘worrying and very sharp reduction’ as 36% expect to reduce business in the market
Pension fraud suspect extradited to UK in criminal case
Regulator alleges 245 savers were persuaded to transfer their savings totalling £13.7m into 11 schemes
Pimfa welcomes FCA consultation on permanent change to 10% rule
Brexit allows UK to ‘discard’ some guidelines ‘which firms may consider cumbersome or unnecessary’