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MPs give HMRC six months to crack down on tax fraud

A damning report from Parliament’s public spending watchdog has given HM Revenue & Customs six months to set out its strategy for tackling tax fraud. The Public Accounts Committee raised serious concerns about the ability of the UK’s tax authorities to prosecute tax dodgers, as well as its effectiveness as a deterrent. In particular, the […]

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Tech provider Bravura up for sale

Technology provider Bravura has been put up for sale, Money Marketing understands. It is understood an information memorandum has been circulated seeking potential buyers for the business. It remains unclear at this stage what the asking price would be or who might be interested in acquiring the firm. A Bravura spokesman says: “Bravura is a […]

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Aegon sells majority of UK annuity book

Aegon is selling two-thirds of its UK annuity portfolio to specialist insurer Rothesay Life for an undisclosed sum. The deal will see Aegon reinsure £6bn worth of liabilities to Rothesay Life, with the transfer process taking place over the next two years. Aegon will continue to make annuity payments to customers on behalf of Rothesay […]

Trott

Claire Trott: A Budget boost for Sipps and SSASs

As a result of the continued stockmarket volatility, savvy investors have spent the past few months looking for stable assets to invest in for the long term. Although it is true stockmarkets can be stable over the long term and looking at short-term volatility is not the way to think when investing for retirement, there is no doubt […]

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