Tax & Regulation
At least 21 pension transfer firms operated without PI cover
FCA director of life insurance and financial advice warns the regulator is taking ‘very strict lines’
Adviser policy churning sees AMP hit with nearly A$5.2m fine
One financial planner’s conduct was described as ‘morally indefensible’ by the court
Top UK earners fail to claim over £750m tax relief every year
‘Whole pension tax relief system a bloated expensive mess, riddled with problems and inconsistencies’
Changes to Portugal tax rate will ‘strengthen’ its expat appeal
Still opportunities and benefits despite uplift of pension tax to 10% from zero
Now is the time to tackle pension issues
Advisers and clients have had to deal with ‘too much chopping and changing’