Octopus Group to unveil ‘tech-enabled’ wealth manager
It is looking to deliver advice using in-house technology alongside traditional face-to-face advice
UK Adviser
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UK could fall behind India and France in global economy
The global economy is expected to slow next year with growth between 2016-2018 ‘now over’
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Credit Suisse denies telling clients to move UK assets offshore
Wealthy clients were reportedly advised to ‘accelerate’ plans to shift investments
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BNY Mellon unveils US income fund in UK
It will offer investors access to ‘dividend growth, solid fundamentals and attractive valuations’
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Ombudsman finds Sipp provider accountable for client losses
Three individuals had invested a total of £36,200 in an ethical forestry scheme
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Brewin Dolphin buys IFA firm
The acquired firm forms part of wealth manager’s strategy to expand in the south of England
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FCA seeks feedback on patient capital in retail funds
Budget 2018 sought to reduce barriers to investing in illiquid UK growth businesses
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St James’s Place acquires protection specialist
Firm provides advice on income protection insurance, critical illness insurance and life insurance
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UK government slammed for U-turn on ‘golden visa’ suspension
Millions of pounds of investment potentially put in jeopardy
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More investors move away from sterling-exposed funds
But a Brexit deal ‘could see a strong rally in sterling and UK domestically focused shares’
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UK a world leader in fight against money laundering
It opens around 7,900 investigations; with 2,000 prosecutions and 1,400 convictions each year
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Jersey passes Brexit contingency plan laws
Legislation means the channel island avoids inclusion in the EU blacklist for tax havens