Tax & Regulation
Woodford investors to receive 75% of fund value in first payout
They remain in the dark about timelines for the illiquid portfolio
UK lifeboat scheme responds to criticism over extra levies
Financial advisers angry about paying thousands more with just 30 days’ notice
Over two-thirds of firms potentially gave harmful DB advice
‘Alarming’ information prompts UK regulator to write to 1,841 advisory businesses
Drop in HMRC tax fraud investigations
As FOI shows number of raids fell by 23% last year but ‘interpreting the data is not straightforward’
Over 14,000 UK retirees suspended their state pension
Few are aware of the flexibility allowing people to hit pause and even earn interest