The burden of telling taxpayers to declare all overseas income should not fall on financial advisers but on HM Revenue & Customs (HMRC), advisers have said.
IFS Wealth and Pensions director Ricky Chan said his firm had felt obliged to send notification letters to every client on its books to avoid a fine from the taxman, in a process that had taken about 30...
The chairman is very careful about where he places his trust
FCA found no evidence of scams
Follows Cabinet reshuffle
Levies £87m for life and pensions class