Best Practice
Best Practice | 6 Mar 18
First unexplained wealth orders issued in £22m case
The UK’s National Crime Agency has secured the first unexplained wealth orders to uncover if two properties are ultimately owned by a politically exposed person, less than a month after the legislation was introduced.
Best Practice | 6 Mar 18
Law firms an ‘obvious target’ for money launderers
Six law firms are being investigated for money laundering failures, prompting the Solicitors Regulatory Authority (SRA) to warn lawyers that they need to do more.
Best Practice | 6 Mar 18
Should baby boomers pay more tax?
The chickens have come home to roost for baby boomers and they should be taxed more to create greater fairness between the generations, a UK politician has argued.
Best Practice | 6 Mar 18
Look beyond headlines for value in the US
Investors must look beyond high valuations in the US market and search for opportunities at the sector, size and style level, according to Morningstar UK chief investment officer Dan Kemp.
Best Practice | 5 Mar 18
Asset managers pay £34m compensation for closet trackers
The Financial Conduct Authority (FCA) has ordered asset managers to pay investors £34m (€38m, $46.9m) in compensation after overcharging for “closet tracker” funds, in a move described as “hugely positive” for investors.