Utmost’s Marc Acheson has warned of the unintended consequences of HMRC extending the Uncertain Tax Treatment (UTT) regime. The UTT rules were first introduced in 2022 to close the tax gap – the ...

The UK's financial regulator, the Financial Conduct Authority (FCA), is conducting a review into the support offered to berevead customers by advice firms, platforms and wealth management firms, it ...

Brian Spence, founding partner of HSP Consulting, shares his experience of leaving his UK advice business and moving to Vietnam, and what he learned in the process. I was born in Sunderland — a city ...

The Isle of Man Financial Services Authority is launching a consultation on proposals to introduce a ‘legitimate interest’ route to access beneficial ownership information in the Isle of Man. The aim ...

There's a version of this conversation that happens a lot in financial services. An adviser, usually a good person with genuine intentions, explains why they recommended a particular product. The ...

The UK government has watered down plans to mandate direct pension funds should invest with a new amendment to its contentious Pension Schemes Bill. The amendment, tabled today, clarified that the ...

The FCA has banned former financial adviser Daniel Leon Williams from conducting any regulated activity after he stole £54,000 from a vulnerable client during Covid. Between 2019 and 2021 Williams ...

Binance Australia Derivatives has been ordered to pay an AUD$10m penalty by the Federal Court after misclassifying more than 85% of its Australian client base over a nine-month period, resulting in ...

The Bank of England has held its base rate at 3.75% over concerns that the ongoing conflict in the Middle East will push up energy and food prices, raising the UK’s inflation rate. All nine members of ...

Global asset manager IFM Investors has appointed ex-Bridgepoint CEO William Jackson as an independent director to its board. Jackson is an experienced board director and is the founder and former CEO ...

The FCA has signed an agreement with the India regulator, IFSCA, to strengthen their links. IFSCA has oversight of financial institutions operating in Gujarat International Finance Tec-City (GIFT City ...

Over 800,000 higher earners in the UK are missing out in around £1.4bn in pensions tax relief, new data suggests. Around 6.8 million people paid into a pension via ‘relief at source’ in 2023/24, ...