This month marks a year since the introduction of the Liechtenstein Disclosure Facility (LDF), an agreement between the UK and the tiny principality of Liechtenstein offering a partial tax amnesty to UK residents with offshore assets and a connection to Liechtenstein.
Comments
about time!
Why have the FSA not addressed this before? how many people have been duped into reciving 'independant' advice from paneled providers. The phrase 'independant to the whole of market' , mortgage & protection IDD's need scrapping and a clearer format devised.
Posted by: Rob
Who are these people?
"It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong." – Thomas Sowell If you feel the FSA policies have and will prove disastrous to both businesses and consumers alike - join the 2,076 others and sign the following no confidence petition: PLEASE CLICK AND SIGN: http://petitions.number10.gov.uk/FSANOCONFIDENCE/
Posted by: Thomas Sowell
FSA please listen
Well done Nick Cann & IFP. Advisers from the Tied arena have been doing this for 15 years or more (and very clever yet misleading they are too !!) If only the FSA would make an example of some of them and put them out of business.
Posted by: Robert Wyatt
Independence Rules OK?
Of course the IFP is absolutely correct. But why oh why do they just pontificate and continue to sit on the fence? They steadfastly refuse to come out and declare the Institute an organisation which supports, promotes and is for independence and they also resolutely refuse to answer the question - 'Why don't you?' They are a good lot, but this is perhaps their biggest and most glaring fault.
Posted by: Harry Katz