RBC Wealth Management to exit Guernsey
The full closure could take up to two years
Industry
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Three UK advice firms go bust
A total of 10 claims have already been filed with the FSCS
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Canaccord Genuity handed £700m management buyout bid
Group led by CEO Daniel Daviau offered a 30.7% premium on firm’s share price
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Spain to ask EU to scrap 90-day limit for Brits
Restrictions ‘work against’ the country’s interests
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European life company CEO dies
Antonio Corpas passed away following an accident in December 2022
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SEC fines ex-Blackrock manager for conflict of interest
Randy Robertson has been handed a $250,000 penalty for failing to disclose ties to a film distribution company
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‘Godfather’ of UK financial planning dies
Paul Etheridge created the Institute of Financial Planning
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US to lower citizenship renunciation fee
It will go back to the same level introduced by Barack Obama in 2010
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Will Sunak’s compulsory maths plan improve UK financial education?
Government should introduce more practical topics like pensions into the curriculum
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Fraudster jailed for six years over $28m Ponzi scheme
Victims were promised monthly returns ranging from 6% to 35% of their initial investment
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UK financial services firms merge
Both companies have private wealth and advice offerings
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UK non-doms drop 11%
Changes to the regime ‘could have a significant long-term impact’ to the British economy