Doctor accused of plotting to murder IFA
A doctor from the south-west of England has been accused of trying to kill a Brown Shipley IFA and bombarding him with malicious messages.
Regions
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Govt sets up asset management taskforce
A taskforce to examine how the £8trn ($10.6trn, €9.1trn) UK asset management business can beat the Brexit blues will be set up by the Treasury, City minister Stephen Barclay has revealed.
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Half of DB pension transfers unsuitable blasts FCA
The UK financial watchdog has strongly criticised defined benefit (DB) pension transfer advice saying that most of the recommendations made are unsuitable.
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Offshore law firm opens Hong Kong office
Collas Crill has set up a representative office in Hong Kong to extend the offshore law firm’s reach in Asia.
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Invesco launches first preferred shares ETF
Invesco PowerShares has launched its first preferred shares ETF in Europe.
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Hong Kong fund house breaks into Switzerland
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.
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Western Europe to go fee-only predicts deVere
DeVere Group’s James Green has said the firm is planning for a fee-only future, predicting that western Europe will move entirely to this form of remuneration ‘within five to 10 years’.
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Nutmeg losses widen despite surge in customers
Nutmeg, the online investment manager, saw losses rise to £9.3m ($12.5m, €10.5m) last year despite a surge in customer numbers.
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IFA investment planner service launched by FE Analytics
Investment research firm FE Analytics has launched a service to help IFAs meet suitability requirements and deliver consistent investment advice.
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Diamond backed cryptocurrency exposed
Two so-called initial coin offerings (ICOs) backed by investments in real estate and diamonds have been shut down by the US Securities and Exchange Commission.
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DeVere Group returns to Portugal
After a six-year hiatus, deVere Group is to expand its western Europe network by returning to Portugal with plans to expand its footprint in France.
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Holborn Assets in Malaysia push
UAE-based international advice company Holborn Assets has entered the Malaysia market with the acquisition of Kuala Lumpur-based Greenwood Private Wealth Management.