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News

Investment

L&G to challenge banks on lending to larger SMEs

Legal & General (L&G) is set to begin lending to medium-sized UK businesses, according to the Financial Times.

clock 24 February 2014 •

Tax Planning

Chris Moyles claimed to be used car salesman to dodge £1m tax

Former Radio 1 breakfast show host Chris Moyles tried to avoid paying £1m tax after signing up to a scheme which saw him claim he was a used car salesman.

clock 24 February 2014 •

Investment

Berry AM to rebrand as Border & Cie

Berry Asset Management is to become Border & Cie (UK) as it adopts the name of its parent company ahead of a UK expansion.

clock 24 February 2014 •

Pensions

Govt to force full disclosure on pension charges

Pension fund managers will be forced to fully disclose details of hidden costs associated with their products under new government plans.

clock 24 February 2014 •

Income Protection

Aegon UK head of protection proposition exits amid restructure

Aegon UK is proposing to make the role of protection distribution director redundant and has announced the exit of its head of protection proposition as part of wide-ranging changes to its protection unit.

clock 21 February 2014 •

Regulation

Rogue claims management firms reined in by MoJ

The Ministry of Justice increased pressure on the claims management sector last year resulting in the removal of more than 200 licences from firms flouting the rules.

clock 21 February 2014 •

Investment

Madoff compensation claim deadline looms next week

The Financial Conduct Authority (FCA) is reminding investors that the deadline for filing for compensation from the Madoff Victim Fund (MVF) is the last day of February.

clock 21 February 2014 •

Tax Planning

London and South East estates pay half of all UK inheritance tax

London and the South East of England have been named the UK's inheritance tax hotspots, with wealthy households in these two regions paying more IHT than the rest of the country put together.

clock 21 February 2014 • 1 min read

Regulation

Labour lords move to force pension charge cap by May 2015

A group of Labour lords has tabled an amendment to the Pensions Bill that would force the government to impose a pension scheme charge cap by 30 April 2015.

clock 21 February 2014 •

Wrap/platforms

Axa Wealth reports 53% increase in sales for 2013

Axa Wealth has reported a 53% increase in sales for 2013, with inflows on the Elevate platform rising to £2bn.

clock 21 February 2014 •
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