Tax Planning

The Financial Services Compensation Scheme (FSCS) could face paying out tens of millions of pounds linked to claims of bad advice to invest in film and property schemes, as an advice firm teeters on the brink of default.

Labour will reject austerity as a means to get the economy back on track and will instead focus on taxing the rich, shadow Chancellor John McDonnell has said in his Labour Party Conference speech on Monday.

John McDonnell is poised to use his first Labour conference speech as shadow Chancellor to push for a "Robin Hood" tax on stock market trading, according to reports.

Jeremy Corbyn has said he wants changes to inheritance tax (IHT) which could mean the 40% rate is shouldered more by the very wealthy.

Bank of England buy-to-let concerns and financial planning for the worst, here is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...

Providers pushing pensions freedom advice demands 'too far'

ISA-style pensions don't 'stand up to scrutiny'

National Savings & Investment (NS&I) is to cut the interest rate on its easy-access Direct ISA to 1.25%, a move experts said was a "bitter blow to savers" and further called into question the value of cash products.

Inflation fell back to zero in the year to the end of August, according to the Office for National Statistics (ONS), pushing out expectations of an interest rate rise again.

A tax avoidance advice 'timebomb' built up over a decade could send a "significant" number of new claims to the Financial Services Compensation Scheme (FSCS) now that the body has agreed to deal with similar cases, a firm representing unhappy clients...