Tax & Regulation
Private client firm buys IHT portfolio service business
Offering is a ‘prudent planning tool’ for investors
Director gets 14-year ban for £13m property investment ‘Ponzi’
He promised substantial returns but instead transferred the funds abroad
Commission still measure of success for 38% of ME advisers
As 66% see expat exodus as a challenge in the next 12 months
Investment projections should mirror ‘product potential’
When returns are low, ‘firms should already be using rates that are below the cap’, FCA says
FCA eyes powers to shut down firms faster
They will help consumers ‘avoid financial harm such as scams’