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Labour renews Tory tax avoidance attacks

Labour leader Ed Miliband is seeking to return tax avoidance and non-dom rules to the spotlight just days before the election. Speaking today in Pendle, Lancashire, Miliband will claim that “there is no bigger symbol” of the failures of the coalition Government than tax avoidance, and renew his pledge to ban non-dom status for those […]

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Martin Tilley: Words of warning on toxic transfers

The new pension freedoms are finally here and, as both national and trade press have reported, there is huge interest in the drawdown flexibility and more favourable treatment of funds remaining on death. Much of this interest will come from members of defined benefit schemes who previously enjoyed neither the flexibility of income nor, in […]

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GBST to power Just Retirement platform

Broking technology firm GBST Wealth Management is to power Just Retirement’s new simplified retirement platform. The advised-only platform has been developed following the introduction of pension freedoms earlier this month. It will allow customers to purchase an annuity as well as leave their pension invested in a low-risk “rainy day” fund. Just Retirement group communications director […]

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FOS upholds four Harlequin complaints against advice firms

The Financial Ombudsman Service has upheld four complaints regarding Harlequin investments against advice firms since the beginning of the year. The Harlequin group of companies marketed and built overseas luxury property developments, and is under investigation by the Serious Fraud Office. In a decision against West Sussed-based IFA Regency Financial Resources, the FOS ruled the […]

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