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Claire Trott: False claims about pensions tax relief
It was with a little fear, back in July, that I read the Public Accounts Committee’s proposal that HMRC should, within 12 months, evaluate the impact of pensions tax relief. The Public Accounts Committee was concerned that HMRC did not fully understand the impact of some of the UK’s largest tax reliefs, which include pension tax […]
A tech IPO in time for Valentine’s Day
This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. IPO investors seem to think they’ve found a true match with dating app company Bumble. The company behind Badoo and the Bumble app raised $2.2 billion in an offering […]
FSCS declares 14 firms in default
The Financial Services Compensation Scheme (FSCS) declared 14 firms, including six financial advisory firms, in default in January and February. The move opens the door to the start of compensation claims from customers to the FSCS. The firms declared in default included independent financial adviser and ISA manager Copia Wealth Management which was ordered by the […]