Under 8% of scammed investments returned to victims
There were 3,385 reported scams in 2018
Investment
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Wealth manager to open up real estate investing
The alternative investment strategy tends to be only available to institutional investors
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UK and Aussie watchdogs to help investors in illegal schemes
Investments were offered in carbon credits in Sierra Leone, Brazil and Australia
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UK compensation scheme recovers £300m from failed firms
The FSCS is currently pursuing recoveries against a failed property investment company
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US expat advice firm partners with Praemium
Solution means advisers can offer a product that avoids some problems caused by non-US investments
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‘Heaviest’ sentence for dishonest Aussie financial adviser
Planner received a 10-year jail term after clients lost over A$5m
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Asia to lead the way for UHNW growth in next 5 years
Uber wealthy populations set to surge by over 30% in six countries across the region
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7IM teams up with podcaster to create self-investment online tool
Listeners looking to invest will be able to access a risk-assessing service
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UK watchdog eyes ban on investment platform exit fees
Investors are ‘getting shafted by poor execution, opaque funds and sneaky fees’
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Ombudsman finalising decisions on British Steel complaints
Grievances about cash equivalent transfer values and early retirement factors
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Global art sales rise 9% over last 10 years
UBS’ report also found US art sales had reached its highest recorded levels
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Enhance Group partners with Praemium
The platform will now be available to Enhance Portfolio customers