United Kingdom
Financial planning | 9 Aug 24
One in five HNWIs back ‘pension pot for life’, plus rise in annual allowance, ‘tax free’ lump sum
The firm’s fifth Saltus Wealth Index surveyed 2,000 people with assets of £250,000 or more and pension pots worth average of £484,000
Financial planning | 8 Aug 24
Voyant integrates financial planning tool with data from behavioural finance experts Oxford Risk
The integration will be released in Q3 2024
Tax & Regulation | 8 Aug 24
HMRC issues new ‘nudge letter’ to crypto owners suspected of failing to pay correct tax
Accountancy firm BDO wants that this letter is targeted at those the tax authority knows have ‘disposed’ of crypto assets
Zurich reports ‘record’ life business operating profit in H1
Life business growth was primarily driven by the EMEA region
Financial planning | 7 Aug 24
Total pensions overtaxation bill approaches £1.3bn as average UK reclaims soar
UK savers reclaimed £57m in overtaxation on pension withdrawals in April, May and June 2024