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Industry

FSCS payments reach record high over risky Sipps investments

Tax & Regulation | 13 Jul 16

FSCS payments reach record high over risky Sipps investments

Payouts to UK consumers, aggrieved by poor life and pensions advice, have more than doubled due to an increase in high risk Sipp investment claims, new figures from the Financial Services Compensation Scheme (FSCS) show.

Canada Life Group Insurance managing director McMullan dies

Companies | 13 Jul 16

Canada Life Group Insurance managing director McMullan dies

Ian McMullan, managing director of Canada Life Group Insurance, died on 8 July following a battle with cancer.

Jersey signs tax agreement with Cyprus

Europe | 13 Jul 16

Jersey signs tax agreement with Cyprus

Jersey is keen to sign more double taxation agreements (DTA) having signed its latest such accord with the Republic of Cyprus on Monday.

Fund selector: Upsetting the Apple cart

Investment | 13 Jul 16

Fund selector: Upsetting the Apple cart

Falls in Apple’s share price in recent months have served to highlight its powerful influence over the tech sector’s performance – and the consequences of the Ucits’ 10% weighting cap.

FCA ‘hampered’ HSBC money laundering prosecution, says report

Companies | 12 Jul 16

FCA ‘hampered’ HSBC money laundering prosecution, says report

UK chancellor George Osborne and the Financial Conduct Authority (FCA) intervened in a US investigation that could have seen Europe’s largest lender, HSBC, prosecuted for money laundering, a new report claims.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.