Incoming FCA chair admits using tax avoidance scheme
The next chair of the UK’s Financial Conduct Authority said he made an “error in judgement” when he used a tax avoidance film scheme promoted by Ingenious, a firm that has lost several court battles against HM Revenue & Customs.
Leading industry figures respond to the cryptocurrency mania
As cryptocurrencies grab headlines with sky-high valuations, governments and the financial industry remain split over how to respond.
Isle of Man to introduce pension freedoms
Legislation that will introduce pension freedoms to the Isle of Man has been included in the island’s 2018 Budget, a move treasury minister Alfred Cannan said will allow people to “look after their own savings”.
Investment | 20 Feb 18
Franklin Templeton launches EM local currency bond fund
Franklin Templeton Investments has launched a Templeton Emerging Markets (EM) Local Currency Bond fund.
PEOPLE MOVES: Saga, Old Mutual and RWC Partners
Two Old Mutual big hitters said they would step down from the business, while RWC Partners boosted its European distribution presence with a hire from Daiwa, one of the largest brokerage and financial services groups in Japan.