Technology | 27 Jul 15
TISA appoints Moneycorp’s Wrest to head new tech council
The Tax Incentivised Savings Association (TISA), a trade association for the UK retail financial services industry, has appointed Bill Wrest, head of innovation at Moneycorp, to chair its newly-launched Technology Innovation Policy Council.
Investment | 27 Jul 15
Investor caution keeps UK Equity Income, Property June’s best-sellers
Investor sentiment continues to lean towards defensive assets as UK Equity Income and Property remain the best-selling sectors, as shown in FundsNetwork study of June sales data.
United Kingdom | 27 Jul 15
HMRC arrests adviser-led group in £4m fraud investigation
Six people including a financial adviser have been arrested as part of an investigation into a suspected £4m pay as you earn (PAYE) tax evasion and money laundering fraud.
Hargreaves Lansdown halts pension transfer advisory work
UK investment manager Hargreaves Lansdown said it has stopped taking on new final salary pension transfer business due to the high volume of requests it has received.
Tax & Regulation | 27 Jul 15
Belvedere-owned stockbroker has two licences suspended
A Mauritius-based stockbroker owned by troubled offshore fund group Belvedere Management has had two of its licences suspended by the island’s Financial Services Commission.