Fifth arrest made in connection to collapsed investment firm
Business involved says it did not handle client money or deploy any funds in mini-bond scandal
Investment
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Hollywood actor invests in financial literacy app for teens
Digital tool aims to teach young people how to manage their finances
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Women globally fail to buy life insurance products
But auto-enrolment sparks female interest in retirement, potentially closing the UK pension gap
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Wary investors sitting on ‘piles of cash’ scared to open up
IA spoke to the newly formed Attitude Financial Services about advising LGBT clients
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Jail for brothers who conned 350 investors out of £6.2m
Boiler room-type companies used script called ‘The Bible’ to ensnare victims
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Invesco unveils £1 a month model portfolio service
Offering will be a ‘game changer for advisers managing investments’
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MFS plans further expansion in Italian retail market
As the firm signs partnership with Deutsche Bank in the country
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Five million UK adults playing ‘inheritance roulette’
Canada Life found 15% of Brits aged between 16 and 54 revised plans based on what they expect to get
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FCA platform switching proposals fall flat with industry
In specie transfers, exit fees and share class conversion among the issues
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Moneyfarm doubles down on German expansion
Move bolsters digital wealth manager’s presence and offering to clients in Europe
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10% of UK adults fall victim to financial scams
Dodgy emails and phone calls are the top ways people are contacted but social media also poses a danger
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Vanguard teams up with Alibaba’s Ant Financial
Asset manager to set up a joint venture in Shanghai free trade zone