United Kingdom
HNWs rush to take advantage of tax-efficient investments
52% said they will put more of their wealth into schemes that offer breaks before Sunak’s rumoured changes
HMRC to force tax advisers to hold PI cover?
Some in the industry are ‘incompetent’ and others ‘actively bend or break the rules’
UK financial planning firm makes fifth acquisition of 2020
Deal adds around £150m to the group’s assets under management
Adviser redundancies at Prudential Financial Planning
As it focuses on newly created self-employed advice arm
Action against criminals by HMRC offshore unit jumps 40%
It has collected £1.8bn in extra tax since it was launched in the wake of the Panama Papers scandal