PwC appoints new head of tax
PwC has appointed a new head for its Channel Islands tax practice to replace Wendy Dorman in the role as she retires this summer after seven years in the role.
United Kingdom | 24 Mar 15
Extradited IFA pleads guilty to Ponzi scam
A British-based financial adviser, who fled to Malaysia after his company collapsed, has confessed to setting up a Ponzi scheme which inflicted millions of pounds in losses on investors.
Luxembourg assets under management hit
Assets under management of Luxembourg-domiciled funds reached 3.4trn at the end of February after strong net sales in the first two months of 2015, the Association of the Luxembourg Fund Industry (ALFI) announced at its Spring conference.
Investment | 24 Mar 15
Advisers lose faith in global and local economies
Advisers across the world have lost confidence in the global economy and the local economy in which they operate, a survey by Old Mutual International has revealed.
United Kingdom | 24 Mar 15
Asset managers should expect increased scrutiny
Suitability standards in the asset management industry are set to come under Financial Conduct Authority scrutiny in 2015/16, the regulator said in its business plan for the period.