News

Revisions to the regulations governing automatic enrolment have been released following the conclusion of a Department for Work and Pensions consultation...(read more) 

The Treasury has again rejected calls to allow more alternative investment market (AIM) shares in individual savings accounts (ISAs). During an oral questions session today, Francis Baring, the sixth Baron Northbrook and former Barings analyst, asked if the government would consider allowing more AIM investments in ISAs...(read more) 

Guidance issued today by HMRC appears to extend the scope under which advice services will be exempt from VAT post-retail distribution review (RDR)...(read more) 

The Tax Incentivised Saving Association has lobbied the Financial Services Authority to include vertically integrated firms, such as banks, in its new guidance on the treatment of distributor-influenced funds...(read more)

Deputy Prime Minister Nick Clegg is set to propose plans to raise the minimum level at which people pay income tax to £10,000 before the next election...(read more)

Global management consultancy warns lack of financial education is to blame for a “far worse” UK pensions crisis than first thought...(read more)

The FSA will release a platform consultation paper within the next couple of months setting out draft rules on rebates and regulations for execution-only platforms, after Deloitte completed its research into the sector...(read more) 

The revised timetable of staging dates for auto-enrolment has been released by the Department for Work and Pensions. A ministerial statement confirmed all employers with an existing staging date of on or before 1 February 2014 are unaffected...(read more) 

HM Treasury has launched a consultation on its intention to authorise tax-transparent collective investment schemes, which could cut the withholding tax paid by UK schemes...(read more) 

New regulator the Financial Conduct Authority (FCA) will have the power to ban problem products without consultation...(read more)