Premier League adviser jailed for seven years
An “arrogant” financial adviser whose clients included celebrities and football stars has been jailed for seven years for a range of offences, including sexual assault.
Author: Tom Carnegie
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Progeny launches adviser-only ETF solution
A multi-asset ETF product that is only available through financial advisers has been launched by Progeny Asset Management.
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London calling for Singapore asset management masters students
A masters programme for asset and wealth managers in Singapore is to give its students exposure to some of the biggest global firms by holding classes in London and New York.
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IFA network partners with The Lang Cat on platform appraisals
Financial services consultancy The Lang Cat has been commissioned by IFA network Sense to provide its members with proposition details and due diligence support for when they are selecting a platform.
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Morningstar launches adviser fund selection tool
Morningstar has set up a business unit for financial institutions and advisers seeking to outsource fund selection and asset allocation.
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PEOPLE MOVES: Guernsey Finance, AIC, Aviva
Guernsey Finance has hired a London representative to promote the island’s financial services industry, the Association of Investment Companies appoints a board director and Aviva Investors poaches from Standard Life.
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Liberty Sipp reports astonishing 84% rise in assets
For the second consecutive year, Liberty Sipp has increased assets under management by more than a billion pounds.
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China quadruples mainland-Hong Kong trading scheme quotas
China’s securities regulator has announced a four-fold increase in the daily trading quotas for Stock Connect, the programme that links the Shanghai and Shenzen stock exchanges with their Hong Kong counterpart.
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Fidelity to compensate client for Sipp misinformation
The UK Pensions Ombudsman has upheld a complaint against Fidelity International for “significant distress and inconvenience” suffered by a client who was misinformed about holding investment trusts in her Sipp.
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PEOPLE MOVES: RSM UK, Stonehage Fleming, FASEA
RSM UK promotes to fill chief operating officer role, Stonehage Fleming appoints a director to its Jersey office and an Australia adviser standards agency has named an acting managing director.
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HMRC’s £50m plan targets tax dodging wealthy
Ten thousand wealthy individuals could be hit by offshore tax avoidance legislation proposed by HM Revenue & Customs, generating up to £50m a year in tax receipts.
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UAE advisers made ‘scapegoats’ for offshore providers
A private equity firm says UAE financial advisers are “under fire” and being unfairly blamed for problems that stem from offshore providers offering limited investment products.