Industry
Chinese conglomerate moves on Guernsey and London fund houses
A Chinese conglomerate with ambitions in the west has acquired a London-based asset manager and its Guernsey-based subsidiary.
EU advisers face VAT fees after ‘historic’ Italian ruling
The Italian tax authority has ruled that independent financial advisers are subject to VAT fees, setting a legal precedent for other EU nations to adopt.
Sipp provider sued by 77 investors
A judge has granted a request from 77 self-invested person pension scheme (Sipps) investors to join forces under a group litigation order and sue Berkeley Burke Sipp Administration for mis-selling.
Holborn Assets adds Cyprus office
Holborn Assets is expanding with a new office in Paphos, Cyprus.
Landmark inquiry begins into Australia’s financial services
Australia has launched a major public inquiry into alleged misconduct in the banking, superannuation and financial services sector.