FINANCIAL MATTERS - JUNE

FINANCIAL MATTERS - JUNE

Unwelcome advice

This month’s Technical Bulletin explores a decision by the Financial Ombudsman Service (FOS) in favour of a woman who complained about receiving unsuitable investment advice. Despite departing from Financial Conduct Authority standards, the Ombudsman’s decision was upheld by the High Court. Meanwhile, the transfer rules on the nil rate band and the residence nil rate band have raised questions about inheritance tax planning.

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