Industry

North America | 19 Dec 16

Harlequin Property SVG, the land-owning unit behind the £400m ($509m, €454m) overseas property scheme facing ruin, has entered interim receivership while its flagship resort has closed after the electricity was disconnected.

Best Practice | 19 Dec 16

UK financial advisers will not receive support from the financial guidance body that will be created through the amalgamation of the Money Advice Service (MAS), The Pension Advice Service (TPAS), and Pension Wise.

Europe | 19 Dec 16

Zurich-based fund information provider fundinfo and its partner ifund services have launched Digital-Advisor, a fund selector that analyses both active and passive funds and match them to an investor’s preferences.

M&A Deals | 19 Dec 16

Private bank Arbuthnot Lathan and one of the UK’s largest financial advisory firms, Brewin Dolphin, have snapped up parts of wealth manager Duncan Lawrie as its parent company, Camellia, departs the private banking industry.

Best Practice | 19 Dec 16

HM Revenue & Customs has withdrawn 4,300 accelerated payment notices (APNs), meaning that one in 14 of the 60,000 upfront tax payment requests has been sent in error, says accountancy firm Moore Stephens.