Serious Fraud Office seeking funding increase
There could be big changes to the way in which the UK’s Serious Fraud Office (SFO) is funded, following reports it is in talks with HM Treasury to increase its annual budget.
PEOPLE MOVES: Goldman Sachs, Momentum Pensions, Aegon
Goldman Sachs signals its next chief executive will be an electronic DJ, Momentum Pensions appoints a managing director of its UK arm and Aegon hires a head of investor relations.
Asset management chiefs share six industry concerns for 2018
The asset and wealth management industry is about to usher in a period of disruption, with cyber security threats a big concern, chief executives across the sector have warned.
‘Free-riding’ passive investors under central bank scrutiny
Passive investors pay scant regard to the fundamentals of individual securities and free-ride on the work of active investors with implications for financial stability, price discovery and index correlation, according to a paper from the Bank of International Settlements.
Best Practice | 13 Mar 18
Comedian Dodd bows out with another tax dodge
The final joke was on the UK taxman, as Liverpudlian comedian Sir Ken Dodd married his partner of more than 40 years just days before his final curtain, ringfencing his fortune from IHT.