Industry
Colombia’s Falcao accused of €5.5m tax fraud in Spain
Colombian footballer Radamel Falcao faces trial for allegedly defrauding the Spanish Treasury of €5.5m (£4.7m, $6.2m).
AJ Bell grows revenues amid record new client sign-ups
Online investment platform AJ Bell has reported rapid growth in its revenues after it added almost 12,000 customers in the space of six months.
Tax & Regulation | 19 May 17
Critics slam UK’s plans to scrap fraud agency as ‘dreadful’
British prime minister Theresa May’s pledge to abolish the Serious Fraud Office (SFO) has been blasted as a “great danger” as critics voice concerns it will harm how white collar crime is tackled in the UK.
Best Practice | 19 May 17
The naked truth about MiFID II
The realities of Mifid II are beginning to dawn as advisers across Europe start to realise that commission transparency will be led by product providers, which could leave them feeling a bit exposed, says Shane Wood, business development manager for European IFA network OpesFidelio.
PEOPLE MOVES: Standard Life, Hargreaves Lansdown, Franklin T.
Standard Life Investments hires an ex-JP Morgan executive director, as Hargreaves chairman Mike Evans reveals he will be stepping down. Franklin Templeton poaches a key figure from Aberdeen Asset Management while DFM Beaufort has hired a new investment manager.