Advisers who introduced clients to the Icebreaker scheme knew "perfectly well" its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed, citing a Tribunal ruling.
Icebreaker was a tax avoidance scheme that created tax losses out of nothing for wealthy people - including celebrities from pop music group Take That - which the government said could have cost the taxpayer...
Moves to overweight equities and fixed income
The Big Interview: Focus on ethical investment
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'No control or oversight'
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