Celebrity tax scheme promoters have failed to stop the Revenue forcing their clients to pay their bills up front. Experts predict a wave of high-profile bankruptcies.
Advisers who introduced clients to the Icebreaker scheme knew "perfectly well" its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed, citing a Tribunal ruling.
Calls for professionals, including financial advisers, lawyers and accountants, who advise on tax avoidance to be prosecuted have been branded "flawed" and "disingenuous" by deVere Group.
The guidance guarantee will fuel demand for independent advice and will be a "huge opportunity" for advisers, pensions minister Steve Webb has said.
Confusion surrounding the new pension rules could leave retirees with a large and unexpected tax bill, research suggests.
In this week's Retirement Planner quick fire poll we ask whether you believe tax relief will be targeted ahead of next year's general election.
In this week's Retirement Planner quick fire poll we ask should the 55% pension tax charge payable on death be scrapped?
Our weekly heads-up on articles your clients may have read in the national newspapers
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