HMRC Trusts Registration Service
Trusts must now register online in order to pay taxes due.
Compliance
Money Laundering Update
An update to the Treasury view on money laundering.
Appointed Representatives and Introducers
This FCA alert is of relevance to all Principal and Appointed Representative firms.
Transfer Advice – LTA issues
Transferring a DB pension can exacerbate the client's LTA situation. Here are some aspects to consider.
Senior Managers Regime
This will be extended to all firms during 2018 and has some significant impacts.
Transfer Advice – transferring in ill health
Clients in poor health introduce additional considerations for advisers.
Transfer Advice – leaving funds to the next generation
A increasingly common desire since pension freedoms were introduced in 2015 ... but advisers should be wary!
Suitability reports under MiFID II
Many firms will need to make changes to their suitability processes.
Transfer advice – enhanced TVs and protection
Something to watch out for when advising clients with enhanced TVs.
Defined Benefit Transfers: Standards of Advice
Recently published FCA findings on suitability of transfer advice.