News
New Zealand considers wealth tax and foreign ownership limits
New Zealanders could face a wealth tax and a broader capital gains tax if plans being considered by a tax working group are pushed through.
Best Practice | news 6 Mar 18
Law firms an ‘obvious target’ for money launderers
Six law firms are being investigated for money laundering failures, prompting the Solicitors Regulatory Authority (SRA) to warn lawyers that they need to do more.
Cycling superstar Bradley Wiggins named in charity tax scam
Tour de France champion Sir Bradley Wiggins has been named as an investor in a tax avoidance scheme that used a charity as a front in an attempt to deprive HM Treasury of more than £100m ($138m, €112m).
Best Practice | news 5 Mar 18
Asset managers pay £34m compensation for closet trackers
The Financial Conduct Authority (FCA) has ordered asset managers to pay investors £34m (€38m, $46.9m) in compensation after overcharging for “closet tracker” funds, in a move described as “hugely positive” for investors.
Carrick Wealth takes another step on 2020 roadmap
Financial adviser Carrick Wealth has opened an office in Malawi as part of an ambitious plan to open five further offices across Africa in the next 24 months.