Industry

Best Practice | 6 Jun 16

“Dave, this conversation can serve no purpose anymore. Goodbye.” Those immortal words from Hal, the computer in Stanley Kubrick’s film ‘2001: A Space Odyssey’ had massive ramifications for the spaceship’s crew member and could be a portend (albeit fictional) for the way robo-advice may be taking us.

Property | 6 Jun 16

The UK tax office has raised £174m ($255m, €220m) from a tax on British homes owned by companies, latest data from London and Geneva-based law firm Collyer Bristow suggests.

Equities | 6 Jun 16

Investec Asset Management has added the Investec Global Quality Equity Income fund to its UK product range.

Companies | 6 Jun 16

Close Brothers Asset Management has acquired the chartered financial planning firm, Eos Wealth Management, for an undisclosed sum.

Tax & Regulation | 6 Jun 16

A group of financial advisers and accountants have been found guilty of operating a fraudulent tax avoidance scheme to scam the HM Revenue and Customs (HMRC) out of £100m (£145m, €128m), the UK tax office has revealed.