United Kingdom | 1 Jun 15
Fraudster gang faces jail terms over £4.3m UCIS losses
Eight fraudsters face a combined total of 26 years’ imprisonment after the UK’s Financial Conduct Authority found they lost over £4.3m of investors’ money in their unauthorised collective investment scheme (UCIS).
Retirement | 1 Jun 15
Boal & Co gains trustee licence in Gibraltar
Isle of Man headquartered Boal & Co has obtained a trustee licence for its Gibraltar QROPS business following approval from the British overseas territory’s regulator.
Profiles & Comment | 1 Jun 15
Global Horizons: Life trends with Aviva
Chris Wei, chief of Aviva’s global life insurance arm is tasked with driving growth in the Asia region after the firm’s recent mega-merger with Friends Provident International.
Tax & Regulation | 1 Jun 15
Tax evader crackdown by HMRC widens to smaller cases
A sharp fall in the average length of custodial sentences given to criminal tax evaders is a clear signal that HM Revenue & Customs is increasingly targeting smaller cases, according to research by Pinsent Masons.
Profiles & Comment | 1 Jun 15
Divide and conquer: Platform view with VAM Funds
As financial advisers begin to see the benefits of outsourcing the management of client portfolios, two main options are finding favour, says Nigel Watson, sales director at VAM Funds