The Government will extend the tax reliefs offered on employer-arranged advice as part of a series of measures to boost take-up, Chancellor George Osborne has announced. Currently, companies can pay up to £150 per employee per year towards the cost of pension advice before they are subject to a benefit-in-kind tax charge. In February Money […]
Financial planning firm and discretionary fund manager Harwood Wealth is to apply for admission to the Alternative Investment Market. It has raised £13.5m ahead of the planned flotation, which will be used to fund acquisitions and infrastructure costs. Harwood Wealth has completed 40 acquisition or share deals so far, including Meon Valley Financial Planning and […]
The Serious Fraud Office has obtained arrest warrants for five European bankers accused of conspiracy to rig Euribor benchmark interest rates. The five traders at Deutsche Bank and Societe Generale have remained in their home countries to face the charges and failed to appear in court, lawyers for the SFO said at Southwark Crown Court, […]
An unprecendented leak of 11 million documents has revealed how the world’s elite use tax havens to hide their wealth. The BBC reports the raft of confidential documents was leaked from one of the world’s biggest offshore law firm Mossack Fonseca, which is based in Panama. They are said to show how Mossack Fonseca has […]
As part of the Budget speech, the chancellor announced the launch of a formal consultation on the structure of UK pensions tax reliefs.
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