Tax & Regulation
Aussie regulator starts civil penalty proceedings against Vanguard
Accusing the asset manager of ‘misleading conduct’ in relation to claims about ESG
Inheritance tax receipts reached £2bn between April and June
A £200m increase from last year
Brits may pay income tax when inheriting untouched pension pots
As the government considers new rules to replace the pensions lifetime allowance
Pension tax overpayments hit £56m in Q2 2023
This is up almost £8m compared to the first quarter of the year
Five potential impacts of Consumer Duty
NextWealth predicts what will happen after the FCA’s regulation is implemented