FCA shuts down £1.2m Cyprus investment scam
An unregulated Cyprus-based investment scheme has been shut down by the High Court following an application by the UK’s Financial Conduct Authority.
An unregulated Cyprus-based investment scheme has been shut down by the High Court following an application by the UK’s Financial Conduct Authority.
A private equity firm is set to take over Old Mutual Global Investors (OMGI) next year, ending months of speculation on the future of the asset manager.
A football entrepreneur and Dubai resident, who rejected HM Revenue & Customs demands for information, has won a court case against the UK taxman.
Secondary fundraising within investment trusts hit an all-time high of £6bn in 2017, up £1bn on last year, according to research from the Association of Investment Companies.
The law firm at the heart of the Paradise Papers hack is seeking damages and has demanded that UK newspaper the Guardian and the BBC hand over documents.
The UK’s Department for Work and Pensions has confirmed that the auto-enrolment age will be lowered to 18-years-old, a move that could see some savers £50,000 better off after 40 years.
Advisers are facing political, economic and regulatory uncertainties, according to the European Financial Planning Association and the UK’s Personal Finance Society.
Standard Life has failed to shake off the plague of severe outflows even after its merger with Aberdeen Asset Management earlier this year its latest results have revealed.
Personal portfolio bonds (PPB) may become more attractive to investors as new regulations will allow additional property categories to be held within them.
One of the most common topics prompting advisers to reach out to life companies for support was around chargeable events. With a myriad of changes in recent years, it is little wonder that the already complicated topic has many UK advisers scratching their heads. Canada Life has put together a list of the five most…
Scottish Government proposals for income tax rates have been criticised as too complex with tiny benefits for individuals.
Guernsey’s lack of inclusion on the EU’s tax haven blacklist has prompted the island to call for Portugal and Lithuania to follow suit and remove it from their respective lists.