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HMRC takes bank bonus appeal to Supreme Court

The UK’s highest court is to hear an appeal by HMRC over two offshore schemes used by banks to shield staff payments from tax. The tax office will attempt to convince the Supreme Court that UBS and Deutsche Bank used the schemes to avoid tax in 2003 and 2004, the FT reports. Employees received shares […]

Leap of faith: Providers eye advice offerings to protect market share

Pension providers will have to offer customers advice or risk losing out to their rivals, say experts. In an attempt to offer the mass market an advice option, some providers have linked up with advice businesses and firms offering simplified advice, while others have created their own propositions. LV= will become the latest firm to […]

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Better together? Advisers start to build ‘consumer coalition’

Industry bodies are looking to create a “coalition” with consumer groups to help strengthen the voice of the advice profession and improve trust in the sector. The Personal Finance Society has stepped up its consumer profile with the launch of a money guidance website, while ex-IFA Association director general Garry Heath plans to work closely […]

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Wells Street Journal: Comic meets pensions expert in Twitter brawl

Irish funnyman Dara Ó Briain waded into an unexpected Twitter brawl with Fidelity Worldwide Investment retirement director Alan Higham last week, with the pair exchanging blows on tax. Ó Briain, a panel show heavyweight and host of maths programme School of Hard Sums, made a daring foray into the technical world of pensions legislation, slamming […]

Frexit & contagion risk in Europe

Many commentators have suggested the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune Head of European Equities Rob Burnett discusses the likelihood of this happening. Click here to read more Important informationInvestment risks Neptune funds may have a high historic volatility rating and past performance is […]

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