Industry
Clients of fraudster IFA brothers receive £5m compensation
The UK’s compensation scheme has paid out almost £5m (€5.7m, $6.7m) in claims against the brothers behind Taylor & Taylor Associates, who defrauded more than 200 clients to fund lavish lifestyles that included private jets and Rolex watches.
Malaysia life insurer inks digital distribution deal
Gibraltar BSN Life is to boost its distribution management operation in Malaysia by partnering with Majesco Distribution Management and Digital Solutions.
Ex-Everton manager sues IFA
Former Premier League football manager Walter Smith is seeking £320,000 from his ex-financial adviser over investments made during the time he was in charge of Everton.
North America | 6 Jun 18
Lawyers for the BVI ‘confident’ in public register battle
The government of the British Virgin Islands (BVI) has assembled a legal team to fight the imposition of a register of beneficial ownership by the UK.
Invesco forges adviser links with Intelliflo deal
Invesco has entered a direct relationship with advisers with the purchase of back-office software provider Intelliflo for an undisclosed sum.