Axa Wealth Int’l sees sales increase 14%
Sales increased by 14% during the third quarter for Axa Wealth International, despite “difficult market conditions”.
SLI to close economically unviable China Fund
Standard Life Investments (SLI) is to close the Ignis China Fund, claiming it is not economically viable to continue the product at its current size.
Credit Suisse returns from slow half year with
Credit Suisse has returned from a shaky, fine-hampered Q2 to report income before taxes far exceeding CHF 1bn in the third quarter.
Holborn IFA faces ban and 290k fine in UK
An IFA who is currently employed by Holborn Assets in the UAE is facing a ban and £290,344 fine in the UK, after the FCA found he “recklessly” recommended high-risk investment products to clients.
HMRC tax demands total 250m
HM Revenue & Customs has demanded £250m in disputed tax over its first two months of issuing the accelerated payment notices introduced in this years Finance Act.