Retirement | 1 Jul 16
OMW slashes exit fee cap to 1% ahead of FCA reforms
Old Mutual Wealth is cutting exit fees to 1% from 5% for all customers aged 55 or over ahead of the UK regulator’s proposals to adopt a similar regime.
Investment | 1 Jul 16
Gilt yields go negative for first time
Gilt yields have gone negative for the first time in the wake of Mark Carney’s speech on the economy yesterday afternoon.
Mauritius a leading offshore centre among Africa’s IFAs
Mauritius is set to become the offshore centre of choice among financial advisers based in Southern Africa, a new survey has revealed.
Tax & Regulation | 30 Jun 16
UK IFA ordered to undo ‘inappropriate’ illiquid investments
A UK advisory firm must compensate a client it advised to give up a guaranteed cash sum and annuity rate to invest in illiquid storage units, the Financial Ombudsman Service (FOS) has ruled.
Expats: buying your way out of Brexit
A number of European countries are offering citizenship for a price, as expats scramble to secure a future in the EU.