Swansea magistrates court was told that Graham Price, 58, of Llansamlet, Swansea, has been charged with 43 separate counts of theft and deception.According to the charge sheet, five of the counts relate to a total of 4.3m allegedly stolen from the Halifax. A further 21 separate theft charges involve close to another 1m. Magistrates were told he is also facing another 17 charges of obtaining money by deception. Media reports have indicated that the alleged fraud centres in an estate agency and Halifax agency outlet in Gowerton, near Swansea. The defence told the court that additional time was nee- ded to discuss what were described as a range of “complex issues” raised by the case. The frauds are alleged to have taken place between January 2001 and this summer. Price, who spoke only to confirm his name, age and address, was given conditional bail until the next hearing on October 4.
Last week, I reviewed the increasing and seemingly inexorable rise in the importance of searching for the commercial reality in tax planning transactions in order to ascertain how effective they would be in achieving their purpose.
The system for paying for long-term care is unfair and incoherent, according to a discussion paper by the Joseph Rowntree Foundation. It calls for a debate on how to share the costs of long-term care to meet the needs of an ageing population. The paper, Facing the Cost of Long-term Care, suggests that the present […]
A split between Skandia Life’s UK and Swedish management over plans to slash in 65m costs could undermine attempts to fend off a 3.1bn takeover bid from Old Mutual. The Skandia Life board will decide whether to recommend the Old Mutual offer to its shareholders this week. If Skandia rejects the bid, Old Mutual has […]
Framlington fund manager George Luckraft says he will not split his successful equity income fund in two in the style of Fidelity’s special situations fund. Luckraft, who has been at Framlington for three years, is understood to have signed a deal tying him in until 2010 when Axa bought the fund boutique in August. Framlington […]
Thomas Smith, manager of the Neptune Latin America Fund Latin American equities have performed strongly so far in 2016, returning 27 per cent in sterling terms. Much of this move has been driven by newsflow from Brazil, with markets reacting positively to the government voting to impeach President Dilma Rousseff and on the hope of […]
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology