Retirement | 7 Jul 17
Woman fined for not helping in £13m pension scam probe
An office manager of a firm currently under investigation by the UK’s Pensions Regulator (TPR) for running a suspected £13m (€14.7m, $16.8m) pension liberation scam has been convicted of withholding information.
People Moves | 7 Jul 17
PEOPLE MOVES: Jersey Finance, Quilter Cheviot, HSBC, UBS
Jersey Finance appoints a former IMF economist as its new chairman while Quilter Cheviot’s Jersey office makes a notable investment hire. HSBC names a new investment strategist on Asia as UBS promotes its head of Asia-Pacific.
Tax & Regulation | 6 Jul 17
Ex-adviser jailed for stealing thousands to pay off mortgage
A former director of a company that provided financial advice to the Law Society of Northern Ireland has been jailed for six months for stealing thousands.
France delays tax cuts until 2019 as austerity bites
French prime minister Edouard Philippe has announced that the government will have to delay planned tax cuts until 2019 due to the poor state of the country’s finances.
Best Practice | 5 Jul 17
Eight tips to consider before advising millennials
Today’s millennials are tomorrow’s clients, says Craig Featherby, chief executive of South African advisory firm Carrick Wealth. Their different attitudes to things like money mean millennials use language differently to talk about it. In order to advise them, we need to understand how they communicate, he adds.