News

Inheritance tax (IHT) should undergo a full-scale review and parts of business capital gains tax (CGT) could be overhauled in a widespread shake-up of the UK tax system.

LifeSearch has called on the ABI and Treasury to halt the European Court of Justice's (ECJ) "ignorant" ruling to ban gender-based underwriting.

MAM Funds is preparing to float a small and mid-cap biased equity income trust for new managing director Gervais Williams.

The government is proposing to make it illegal to discriminate against older people, which would ban insurers using age to judge risk unless they have "solid evidence" it would make a difference.

Nucleus has expanded its business development team with the hire of ex-Zurich man Martin Clement, as the IFA-owned wrap looks to breach the £2.5bn AUM mark this month.

Purchasing property is the top trigger for clients to take out protection, a survey of IFAs has revealed.

The FSA's frontline staff have enjoyed average salary rises of 22% in the past five years, as the watchdog has beefed up its supervision and enforcement divisions.

The Treasury says people exceeding the annual allowance (AA) on pension savings must meet their tax charges as soon as they arise.

FSA chief executive Hector Sants has confirmed the regulator will publish guidance later this year on simplified advice.

Threadneedle has closed its European Smaller Companies Crescendo hedge fund and launched a new absolute return portfolio focused on the region.