PwC whistleblowers convicted over ‘Luxleaks’ tax scandal
Two whistleblowers have been found guilty in the so-called ‘Luxleaks’ tax scandal while a journalist has been acquitted.
Macro Views | 29 Jun 16
Life companies still vulnerable despite share rally
Companies in the life insurance sector will continue to be vulnerable to further market shocks in the aftermath of the Brexit vote despite a rally in shares, research has shown.
Commodities | 29 Jun 16
Sipp providers need to simplify charges, say experts
Providers of self-invested personal pension schemes (Sipps) need to simplify their charging structures to make it easier for financial advisers to compare products, experts in the industry have said.
Structured Products | 28 Jun 16
Australian adviser sues former employer for $1.5m bad advice
An Australian financial planner is suing his former employer Westpac Institutional Bank for A$800,000 ($591,704, £444,479) on the grounds that his colleagues gave him bad advice about investing in structured financial products.
United Kingdom | 28 Jun 16
Apfa urges UK to delay launch of secondary annuity market
The introduction of a secondary annuity market in the UK should be delayed due to a lack of interest from advisers as well as the post-Brexit fallout, the Association of Professional Financial Advisers (Apfa) has told the UK’s Financial Conduct Authority (FCA).