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Scottish Widow

Scottish Widows sells offshore business to RL360

Scottish Widows has sold its offshore life business Clerical Medical to investment group RL360. Clerical Medical has been running as a closed business since March 2012 after Scottish Widows parent Lloyds Bank moved to refocus on core UK banking and insurance operations. The business consists of around 24,000 policies, with over £5bn assets under management, […]

Mel Kenny
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Mel Kenny: Why reading the trade press is not a waste of time

Let me tell you about a colleague. We’ll call him Nigel. I wonder how many other financial advisers exhibit similar characteristics to him when it comes to the circulation of the trade press. I can tell it is either a Monday or Thursday as the reverberating sound of free trade press publications still in their […]

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Simon Collins: Is your conduct risk strategy up to scratch?

There is nothing like an election to concentrate the mind on what our esteemed politicians believe we need to be thinking about for the future. Whether it is the economy or the NHS, defence or education, the smart money seems to be on a coalition again, it is just the permutations of who will court […]

HMRC takes bank bonus appeal to Supreme Court

The UK’s highest court is to hear an appeal by HMRC over two offshore schemes used by banks to shield staff payments from tax. The tax office will attempt to convince the Supreme Court that UBS and Deutsche Bank used the schemes to avoid tax in 2003 and 2004, the FT reports. Employees received shares […]

Trusts and Taxations

Take a look at the trusts and trustee taxation video – The definition and classification of trusts. Once you’ve viewed the boxset, visit our Test Centre to test your learning and get your CPD certificate. View here

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