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HMRC in ‘nightmare’ pensions death tax blunder

HMRC has been forced to suspend death benefit reporting after grieving consumers were incorrectly sent notices demanding tax that was not due. Providers have been told to stop sending reports on payments where beneficiaries receive pension payments tax free because the original customer died before the age of 75. This applies to both annuity and […]

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Firms behind unauthorised ‘gold mining’ scheme shut down

Three companies behind a gold mining investment scheme promising investors returns of 12 per cent a year have been shut down following an investigation by the Insolvency Service. Continental Mining Opportunities, registered in Panama, sold partnerships to investors in a company called Montana Leon. Montana Leon was said to own a 30 per cent stake […]

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Lighthouse signs advice deal with fostering agency

Network Lighthouse has signed a two year deal to provide financial advice services to FosterTalk, a firm that provides support services for 30,000 foster carers. The tie-up sees the network give advice across retirement planning, mortgages and investments. It is the latest in a series of affinity partnerships that means Lighthouse provides advice to staff […]

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