Spring budget 2017 summary »
This summary has been prepared very rapidly by Taxbriefs and is
for general information only. It is recommended to seek competent
professional advice before taking or refraining from taking action
on the basis of the contents of this publication. The guide
represents the authors understanding of the law and HM Revenue
& Customs practice as at 9th March 2017, which are subject to
Spring Budget 2017 »
This briefing provides some background and high level analysis
of the areas of the Chancellor's Budget that will be of interest to
Chartered Insurance Institute members. The note covers economic
background and context, key policy announcements (taxation,
long-term care, consumer rights and technical education), and
Protection market review March 2017 »
Protection market update for
Mortgage market review March 2017 »
Mortgage market update for March 2017
New Alliance to enhance professionalism in financial services »
Three leading Chartered Professional Bodies have joined forces to enhance and sustain the level of professionalism and trust in the financial services sector.
Q2 2017 Regional Conferences Announced »
The focus of the Q2 regional conferences will be on understanding the practical implications and opportunities arising from the 2017 Budget. Other key themes of this quarter's broad programme include risk and retirement planning.
Defined benefit green paper »
The long awaited Green paper issued by the Department for Work
and Pensions is a significant document in both number of pages and
the depth of the content. It followed an informal consultation in
2016 which was undertaken with a range of stakeholders, from which
no consensus was reached on whether or how to adjust the current
balance between protecting members and supporting employers.
Trust disputes - interesting decisions from 2016 »
Court decisions are very useful in reinforcing knowledge and
understanding, especially in the area of trust law. Recently we
have looked at some cases involving trustee mistakes and
rectification. As it happens, in 2016 there were quite a few very
interesting trust cases which deserve proper consideration. This
month we will look at two of these - the first concerning trustees'
duties when investing trust funds, and the second dealing with the
more fundamental question of whether a trust in fact existed or
Government consultation on public financial guidance »
Response to the Government's proposals to create a single
financial guidance body to deliver unregulated guidance to the
public. We make several suggestions, including that this body work
with the advice profession to deliver a free Financial Health Check
to all adults in the UK.
Consultation on pension scams »
We believe the Government, regulators and financial advice
professionals have a common and joint responsibility to act in the
interests of consumers by seeking out and eliminating the
unscrupulous behaviour of cold callers, scammers and
Mortgage market review - February 2017 »
Mortgage market update for February 2017.
Protection market review February 2017 »
Protection market update for February 2017.
FCA future mission consultation »
We support this fundamental review of the FCA's work going
forward. Much has happened in the financial markets even since the
creation of the FCA in 2012. There has been much new insight on how
consumers behave with financial products and services, including
the impact of technology and new processes.
Rectification of trust mistakes »
It is a well-known fact that once a trust deed has been executed
it cannot simply be amended subsequently. Certainly, changes will
not be allowed simply because the settlor changes his mind.
However, where it is clear that a mistake has been made and there
is evidence to support this, there are two possible remedies: a
remedy of rectification and a remedy of rescission (setting aside).
Both need an application to the Court and, being "equitable
remedies", are at the Court's discretion, which depends to a large
extent on the conduct of the applicant.
CII calls for Brexit transitional arrangements as economic confidence plummets across the profession »
CII urges the Government to make an early commitment to transitional arrangements following the UK’s departure from the EU.