FCA prepares to take action over Crispin Odey’s ‘lack of integrity’
The FCA issued a notice that Odey’s behaviour towards the firm he founded Odey Asset Management and the regulator ‘lacked candour’.
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A new fiscal landscape: how Labour’s budget impacts wealthy taxpayers
The government’s Budget measures are predicted by the independent Office for Budget Responsibility to generate nearly £40 billion ($52 billion) in additional revenue in the 2025/26 tax year.
Search for lower taxes spike from wealthy ahead of UK Budget
Rachel Reeves, Chancellor of the Exchequer, outlined her Budget today which may contain various tax rises for UK residents which Canaccord say has been causing concern for their wealthy clients.
What does the Budget 2024 mean for the wealthiest UK taxpayers?
As the dust settles on the Budget 2024, advisers from the Spear’s network give their insights into the impact the government's tax policies will have on Britain's HNWs and entrepreneurs
Octopus breathes sigh of relief as £4.5bn saved from IHT selloff
The asset manager’s large IHT portfolios were not overly punished in the Budget despite the tax relief available on its AIM portfolios being halved from 2026.
Exit tax would not stop flight of wealthy
With the Budget set to hit wealth creators, high net worth individuals and non doms, there are concerns the Chancellor could be eyeing up an exit tax
PIMFA welcomes 600 professionals at launch of customer vulnerability guide
The event began with welcome remarks from Paul Geddes
From capital gains to inheritance tax, what the budget means for Britain’s wealthy
Ahead of Rachel Reeves' 30 October Budget, experts from the Spear's network share their insights into the likely impact of these potential tax changes on the UK’s high-net-worth community
China is now enforcing offshore income tax. Should private bankers be worried?
“Offshore income has largely been ignored by the tax authorities, but, obviously, that is changing,” a Hong Kong-based wealth advisor told APB.
‘Tread carefully’ on taxing the rich, warns Wealth Club
Ultra-wealthy individuals might move abroad if the tax system in the UK becomes too burdensome
Flowbank Exposes Weaknesses in Asset Protection
Customer securities managed by Flowbank, while not part of the bank’s balance sheet, were expected to be transferred to another bank's custody relatively quickly.
Structuring strategies for a changing tax landscape
This period of uncertainty has understandably led many clients to adopt a “wait and see” approach as they await the outcome of the upcoming Budget.