UK advice firm in default for second time
FSCS backtracked on its original announcement in 2021
Tax & Regulation
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CII to pilot new financial planning test format
Amid simmering tensions with the PFS as members look to jump ship to rival professional bodies
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Fraudsters jailed in £21m international crypto case
They exploited a loophole on an Australian cryptocurrency exchange
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UAE regulator suspends foreign investment fund renewals
SCA’s sudden shift applies to public offerings only – private ones are not affected
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Links to corruption found in UK golden visa review
10 oligarchs have already been sanctioned as a result, says home secretary
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Cost of pension tax relief surpassed £50bn in 2021-22
But this should not become a justification for cuts
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Pension advice firm fails
FSCS has already received two claims against the company
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Platform rolls out IHT index for advisers
To track liability trends for clients as their wealth increases
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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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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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US to lower citizenship renunciation fee
It will go back to the same level introduced by Barack Obama in 2010
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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