UK residents with savings in Gibraltar will see those savings taxed at a rate of 15% from 1 April next year, rising to 35% after 2011 according to a deal just announced by paymaster general Dawn Primarolo and Peter Caruana, chief minister of Gibraltar....
Isa providers are not allowed to use the voluntary CAT standard applied to Isa investments from April next year, the Treasury has just announced.
Corporate IFAs face further competition from other "professional firms" if the government decides to loosen Financial Services and Markets Act rules regulating occupational pensions trustees' investment activities.