The Association for Investment Companies (AIC) has added its voice to the criticism of the key information document (Kid) required under the retail investment and insurance products (Priip) regulations following a call for feedback by the UK’s Financial Conduct Authority (FCA).
Almost a third of people cashing in their UK pensions are not taking advice, according to a survey by insurance giant Aegon.
LGT has launched the first phase of its digital client lifecycle system.
A low return environment is fuelling appetite for private equity and real estate funds, according to research by BNP Paribas Wealth Management.
Abacus makes another hire from Globaleye, Northern Trust bolsters its global family office division and EY names a managing partner for Ireland.
Digital wealth manager Moneyfarm has launched a self invested personal pension (Sipp).
Dubai adviser Neil Grant, who was convicted of operating without a licence, is to be pursued in the UAE’s civil courts.
A tax expert has called for UK legislation which has triggered a freelance pay scandal at the BBC, to be overhauled.
A money launderer who developed an online service for criminals using bank accounts in Portugal, the Cape Verde Islands, Jersey, Cyprus, and Switzerland has been ordered to pay £1m.
France has increased its bid to attract business amid the uncertainty of Brexit, using a little known rule allowing employees moving to France to enjoy income tax exemption for a total of eight years.
The EU has confirmed the delay to the Insurance Distribution Directive (IDD) with publication in the official journal.
A US tax aimed at multi-nationals hoarding cash offshore is forcing clients to consider insolvency.
