Comment Archive

Fund Fees

Fund Fees

The FCA has just completed a 2½ year investigation into the UKs £8.1 trillion fund management industry, focussing on operating practices and whether charges are excessive. The time taken to complete...

Bitcoins

Bitcoins

Bitcoins rose in value by nearly 1,500% in the past year and although they have now fallen back substantially, they still represent a massive return for those who got in early. For those who are...

Trump Tax

Trump Tax

We were hoping to achieve the Pearly Gates without having had to mention the name 'Trump', however, needs must. The small handed one has lived up to his 'America First' policy by imposing a new tax...

The Financial Reporting Council

The Financial Reporting Council

According to its website, the FRC 'regulates auditors, accountants and actuaries. Sets the UK’s corporate governance and stewardship goals and promotes transparency and integrity in business.' Going...

Pensions Deficit

Pensions Deficit

A senior FCA person has outlined the regulators expectations with regard to transfers out of defined benefit schemes into money purchase arrangements. There is nothing new. The usual good practice...

GDPR – Revisited

GDPR – Revisited

Further issues have surfaced with the General Data Protection Regulations due to come into force next May (see last month's leading article). Again it is around the intention that all data subjects...

GDPR

GDPR

The General Data Protection Regulations become law on 25th May 2018. We will be conducting a programme of 'rolling audits' with our client firms which we expect will bring everyone to 'GDPR...

HMRC

HMRC

HMRC Tax Collectors have hit on a new tactic for encouraging people to pay what they owe. They have published a list of the main ways they have of identifying miscreants. Presumably the theory is...

Trump Tax

Structured Deposits

If your firm wants to continue to advise on, arrange and deal in structured deposits after MiFID II takes effect, this will mean a change to your firm’s scope of permission to include this...

Student Loans

Student Loans

Student loans were introduced in 1998 at the same time as tuition fees were imposed for most of those in further education. The Student Loan Company (SLC) was set up to provide and administer loans,...