Industry
HMRC powers to scrutinise unexplained wealth go live
“Significant” regulation that requires individuals to explain to HM Revenue & Customs and the Serious Fraud Office (SFO) where their wealth came from has come into force.
Has the FCA’s adviser register avoided the chopping block?
Until very recently it had looked inevitable that the Financial Conduct Authority’s IFA register would fall by the wayside, despite support from advisers and industry to keep it. But recent political murmurs suggest it may live to fight another day.
Fund industry chief backs pan-EU pension product
Luxembourg fund bosses are still hopeful of concrete progress this year on a single cross border pension product in the EU.
Best Practice | 31 Jan 18
Sipps among most upheld complaints, reveals Ombudsman
More than half of the complaints around self-invested personal pension schemes (Sipps) passed to a financial ombudsman were upheld during the three months to 31 December 2017, making it one of most upheld areas of complaint.
Value Partners launches onshore China fund
Hong Kong-based Value Partners has joined Fidelity, UBS Asset Management and Man Group with the launch of an onshore China fund, as momentum for foreign-managed products targeting China’s professional investors continues.