Industry
PEOPLE MOVES: White House, Legal & General, DIFC
Political firework Anthony “the Mooch” Scaramucci may return to the investment world after being fired as White House communications director. Legal & General Insurance has created a managing director role focusing on fintech, while a former deputy chief justice of the DIFC court has died.
VAM Funds launches online valuation system for DFM fund range
Luxembourg-based asset manager VAM Funds has launched an online valuation system for IFAs who use the firm’s discretionary fund management services.
Tax & Regulation | 31 Jul 17
FCA bans IFA from giving DB pension transfer advice
Another British financial advice firm has been stopped from carrying out defined benefit (DB) transfer advice by the Financial Conduct Authority (FCA), as Standard Life calls for greater flexibility.
Ronaldo faces 3.5 years in jail over tax evasion charges
Portuguese football superstar Cristiano Ronaldo is facing up to three and a half years in jail after he was accused of having evaded paying €14.7m (£13.1m, $17.3m) in taxes since 2010.
Canada Life launches offshore bond valuation tool
Offshore insurer Canada Life International (CLI) has launched an online valuation tool for international bonds in partnership with information technology services provider Intelliflo.