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Osborne to raise £12bn in tax avoidance crackdown

Chancellor George Osborne has laid out plans to raise £12bn by the end of this Parliament through a package of measures to target tax avoidance. In today’s Budget, the Chancellor said the Government will introduce new measures to tackle disguised remuneration, and make sure UK tax is paid on property development. The Treasury will seek […]

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Advisers to pay bulk of costs as FCA budget hits £519m

The FCA has set its budget for 2016/17 at £519.3m, with advisers paying a greater share towards the regulator’s costs than banks, insurers and fund managers. The FCA business plan and budget, published today, represents an 8 per cent increase on the £481.6m FCA costs for 2015/16. Of this, financial services firms will pay £469.8m […]

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Scott Gallacher: Time to take the adviser charging debate offline

Advisers are rarely in competition with each other for clients. Generally it is client apathy – or the banks – we battle against, not each other. With this in mind, we are normally more than happy to share ideas and debate issues with each other, as there is little to be lost by helping our peers. In fact, given we effectively […]

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Nic Cicutti: Why we need to keep talking about the MAS

You may find this hard to believe, but some time ago I promised myself I would never again write about the Money Advice Service. My reasoning was I had said everything there was to say on the subject. After all, over the past four or five years I had already extensively described an organisation which, […]

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Three questions for employers…

The Family and Childcare Trust’s annual survey has been widely reported in the media and the two headline figures were these: the average cost of a nursery place for a child under two has risen by 33 per cent since 2010; and the costs have risen by five per cent in a single year.

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