Will EU commission ban benefit advice clients?
As majority of financial professionals across the European Union believe it is unlikely to prevent mis-selling
Industry
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St James’s Place to close Shanghai office
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore
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Trust and wealth tech providers merge
Deal is expected to close by mid-2023
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How should investors position portfolios to cope with recession?
Liontrust’s John Husselbee says he is ‘more positive, albeit cautious, for the year ahead’
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Credit Suisse reportedly paid $210m to ex-Georgia prime minister
Over an ongoing legal dispute concerning fraud
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Financial planning group buys advice company
Deal takes its assets under management to just over £750m
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US private equity firm takes majority stake in Titan Wealth
Marking its first platform investment in the UK
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Restore MPAA to £10,000, Canada Life demands
Between 500,000 and 1 million people of working age are restricted by the allowance
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IHT bill on track to exceed £7bn
As inheritance tax receipts for January 2023 totalled £578m
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‘Detective’ investors blocked £2m of scams in 2022
39% claim that their investigative and research skills are helping them spot signs of fraud
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SFC eyes tougher regulations for virtual asset trading platforms
In a bid to make sure investors are ‘adequately protected and key risks are effectively managed’
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How the sustainability disclosure requirements will impact DFMs
Concerns of vast swathes of assets chasing labelled funds and a threshold MPS will never meet