Industry
All the news from tax, regulation, people moves, offshore bonds and platforms
Industry 12 Mar 24
FCA fines advice firm £898K and bans pair over British Steel pension transfers
Firm operated a contingent charging model
Industry 8 Mar 24
PEOPLE MOVES: Quilter, Bentley Reid, Evelyn Partners, Fidelity International
Quilter has appointed Kirsty Anderson as a retirement and tax specialist
Tax & Regulation 6 Mar 24
Spring Budget 2024: National Insurance cut by 2% – but could be a ‘sneaky tax grab’
‘Double-whammy’ of cuts will lower the main NI rate from 12% to 8%, but could ultimately see UK workers unknowingly pay more
Spring Budget 2024: Non-dom tax replaced with ‘modern residency system’
Change estimated to bring in £2.7bn each year
London & Capital and Waverton IM to merge into £17bn wealth manager
Lovell Minnick Partners (LMP) will take a majority shareholding
Quilter’s WealthSelect MPS added to third-party platforms for first time
MPS added to the Parmenion, M&G and Morningstar
People Moves | 5 Mar 24
PEOPLE MOVES: Personal Finance Society, Fidelity International, Titan AM, Sarasin & Partners
The PFS board has appointed Ben Wright as a director
Private investors and wealth managers becoming keener on investment trusts again
216 investors quizzed for the annual UK Investment Trust Study.