UK and Aussie regulators ink enhanced fintech agreement
The Financial Conduct Authority and the Australian Securities and Investments Commission have signed an enhanced fintech cooperation agreement.
The Financial Conduct Authority and the Australian Securities and Investments Commission have signed an enhanced fintech cooperation agreement.
Neil Woodford has defended his UK Equity Income fund’s strategy, saying it remains in the best interests of investors despite being kicked out of the Investment Association’s UK Equity Income sector.
The Financial Conduct Authority has released figures on pension freedoms that product providers have described as “concerning” and “do not make for comfortable reading”. International Adviser spoke to industry experts to get their thoughts on the data.
The UK has lost its reputation as a top destination among high net worth individuals, who have been left disenchanted by the direction of government policy, prompting an outflow to more attractive jurisdictions.
International sipp provider STM has responded to recent comments made by deVere founder Nigel Green to sell his shares in the company, in a statement to International Adviser.
Malta has backed EU regulation that will crackdown on aggressive tax planning, a move the jurisdiction’s finance minister hopes will quash criticism about its tax practices.
Insurers have a duty to inform customers of the progress of Brexit the UK regulator has warned.
A leading UK adviser trade association has warned the Brexit transition period of 21 months is an insufficient amount of time for a comprehensive deal to be struck.
Hargreaves Lansdown has won a tax tribunal appeal against HM Revenue & Customs that will see around 150,000 investors receive a £15m ($20.9m, €17m) rebate.
NN IP chooses its lead portfolio manager of emerging market debt, Investec hires its UK institutional sales director from Goldman Sachs and Heartwood makes a raft appointments to its investment team.
The UK government plan to give The Pensions Regulator teeth to fine and imprison individuals who endanger defined benefit schemes, has been branded slow and impractical.
Harwood Wealth Management has continued its buying spree with the purchase of Southampton-based IFA AE Financial Services from its parent company for £4.6m.