UK Adviser
North America | 19 Nov 14
UK FATCA rules what resident non doms
International law firm Withers summarises the new reporting requirements for UK resident non-domiciliaries under the so-called “mini-FATCA”.
United Kingdom | 17 Nov 14
Chase de Vere fined 560k for Keydata sale failings
Chase de Vere Independent Financial Advisers has been hit with a fine of £560,000 over the sale of Keydata products.
Retirement | 14 Nov 14
Have pension will travel
Expatriates looking for greater income freedom and estate-planning options for their UK pension savings will no longer need to transfer to a qualifying recognised overseas pension scheme (QROPS) and wait for 10 years. These freedoms will be available back home within six months without having to transfer overseas.
Good value products needed for small
Income drawdown is “unlikely to be suitable” for pensions under £50,000 in the current market, the Financial Conduct Authority’s (FCA) director of policy has said.
United Kingdom | 11 Nov 14
IFA jailed for stealing 200k from clients
A former financial adviser has been jailed for two years after “callously” conning clients out of almost £200,000