By The Enforcd Team

The De Vere Group

In the 2017 Finance Bill, Her Majesty’s Revenue and Customs (HMRC) proposed that: Transfers to qualifying recognised overseas pension schemes (QROPS) requested on or after 9 March 2017 will be taxed at a rate of 25% unless at least one of the following apply: ·         both the individual and the QROPS are in the same …

By The Enforcd Team

The Bank of England confirms Enforcd can help best practice and compliance

Today the Bank of England has published its third round of Proofs of Concept (POCs) completed by its FinTech Accelerator, which includes Enforcd. The FinTech Accelerator was set up a year ago to deploy innovative technologies on issues relevant to the Bank’s mission and operations. Working in partnership with FinTech firms the Bank is seeking …

By The Enforcd Team

The Perils of Discretionary Fund Managers

Discretionary Fund Managers occupy a sort of no man’s land between independent Financial Advisors shoving their customer’s SIPPs into UCIS, and providers of those UCIS. A trawl of the FCA Register has identified three firms which illustrate the particular perils of DFM. Between 2008 and 2015, Norfolk based DFM Vantage Investment Group Ltd. was running …