Industry

Tax & Regulation | 16 Dec 16

Millions of pounds in tax relief given to celebrities such as England footballer Wayne Rooney and British comedian Jimmy Carr is being clawed back by HM Revenue and Customs (HMRC).

Companies | 15 Dec 16

Rumblings of restructure have been ongoing at Alliance Trust for many years. But those looking for seismic shifts from the investment trust’s much anticipated strategic review, are liable to have been disappointed on Thursday.

Asia | 15 Dec 16

The biggest challenge for robo-advisers in China is convincing people to take a long-term view on passive investing, says Frank Wang, managing director at Creditease Wealth Management.

Companies | 15 Dec 16

The acquisition of Alliance Trust’s investment management business is projected to add £2.3bn ($2.9bn, €2.7bn) to Liontrust’s assets under management, pushing it past the £8bn mark.

Retirement | 15 Dec 16

The UK government’s plans to tighten rules on transferring money out of pensions to tackle widespread fraud, has been described as “anti-consumer” by Rops provider Momentum Pensions, which warns the move will unfairly restrict transfers to overseas pensions.