Industry

Africa | 5 Feb 18

Almost half of professional athletes have given no thought to planning their finances for when their sporting careers end, according to findings from Old Mutual Wealth’s Financial Adviser School (FAS) and MA Sports consulting (MA).

Asia | 2 Feb 18

Franklin Templeton appoints a lead manager for emerging markets team, Axa IM launches a business development department and the Financial Conduct Authority appoints an executive director of international to oversee Brexit developments.

Companies | 2 Feb 18

Despite growing assets under management by 10%, the parent company of UK advice firm Saunderson House is looking to sell the business. Sipp provider James Hay will be retained, even as it faces a £20m fine for investments in defunct Guernsey-listed biofuel scheme Elysian Fuels.

Best Practice | 2 Feb 18

Multiple sources have told International Adviser that pension freedoms will likely be included in this year’s Isle of Man Budget, to be released on 20 February.

Companies | 2 Feb 18

HM Revenue & Customs has responded to a claim it is “out of control” by over-taxing people and then expecting them to claim it back.