The value of whistleblowers to the UK financial advice sector
Limited resources mean there is a need for advisers to speak out – but it can be seen as a ‘fruitless exercise’
Tax & Regulation
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UK regulator bans marketing of speculative mini-bonds
As London Capital & Finance victims see move as the FCA ‘admitting we were mis-sold’
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Firms fake Dubai permissions
Regulator confirms no such companies are based in the international financial centre
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Nearly 20 UK advisory firms declared in default
Between August and October 2019 and they were based all over the country
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Ex-Beaufort Securities investment manager pleads guilty
To conspiracy to commit securities fraud and violating Fatca
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Date set for seismic UAE legislation to go live
BOD49 has been gazetted and will come into force in six months
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Building an alternative pension pot the VCT way
Diversification is a key area for investors who are looking to boost their retirement pot
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IFAs not sold on Office of Tax Simplification’s IHT proposals
Only 19% believe they will have a positive impact if introduced
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Zurich Middle East CEO talks commission cap in UAE
As the advice sector in the region needs to brace for disruption
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Investment firm fined £1.9m over ‘closet tracker’ funds
UK regulator said situation revealed ‘serious weaknesses’ in the company’s systems and controls
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Celebrities win £263m case against HMRC over investment scheme
Footballer Wayne Rooney and comedian Jimmy Carr among 675 investors
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Aussie life insurer to refund more than A$12m over phone sales
As it pleads guilty to 87 counts of offering to sell products via ‘unlawful’ and ‘unsolicited’ calls