Industry
IA toughens stance on disclosure
The UK’s Investment Association has proposed tougher standards of disclosure and transparency across investment and pension products.
Canada Life acquires Legal General Intl
Canada Life Group is to purchase Legal & General International to complement its existing offshore businesses in both the Isle of Man and Dublin.
Baillie Gifford creates sterling class for
Edinburgh-headquartered firm, Baillie Gifford, has established a sterling hedged share class for its Worldwide Japanese Fund to counteract fluctuations in the price of the yen versus sterling.
Offshore jurisdictions hit back at Miliband
Key figures from several offshore jurisdictions have criticised Labour leader Ed Miliband’s threats to create a tax haven blacklist.
New business surges at LendInvest after
Peer-to-peer lending marketplace LendInvest said reducing its minimum investment amount at the end of last year to £1,000 has resulted in a more than 50% rise in new investment requests.