Industry
EU tax haven blacklist to lose two more names
The much-maligned European Union tax haven blacklist is set to shrink to seven jurisdictions following the removal of the Bahamas and St Kitts & Nevis.
The PI thorn in the side of DB pension transfer firms
Professional indemnity (PI) insurers are doing more than the Financial Conduct Authority to make the lives of IFAs providing defined benefit (DB) pension transfer advice difficult.
Blacktower expands with US and German businesses
European IFA firm Blacktower Group has launched two separately regulated companies – its first US business and a second operation in Germany.
Fidelity and Amazon create virtual reality financial adviser
The research arm of Fidelity Investments has teamed up with Amazon to develop a digital financial adviser, which people can interact with through a virtual reality headset.
7IM buys family office focused DFM
Seven Investment Management has agreed to take over Tcam Asset Management in a bid to enhance its active management capabilities despite the Scottish firm last year expressing caution about merging with another company.