United Kingdom
OMW splits off £16bn multi-asset business as Buxton eyes MBO
Old Mutual Wealth is to spin off a dedicated £16bn ($20.7bn, €17.5bn) multi-asset investment business as part of the ongoing “managed separation” from its parent company.
Investment | 4 Sep 17
Analysis: Why cash ISAs have lost their shine
Cash Isas are on the wane while the amount of money pumped into stocks and shares Isas is growing, but why is this and who is responsible?
Tax & Regulation | 1 Sep 17
Ex-footballers linked to film scheme to sue financial advisers
A group of 45 former English Premier League footballers are to sue the professional advisers linked to the £700m Ingenious Media film investment scheme that has been accused by the UK taxman of creating artificial losses to allow investors to claim tax relief.
Best Practice | 1 Sep 17
IFA firm says remote working boosted staff productivity
An Northern Ireland-based financial life planning firm that closed its headquarters for a full month in July said the remote working initiative boosted staff morale and productivity.
The International Stock Exchange listings up 45% in 1H17
Guernsey-based The International Stock Exchange (TISE) reported a 45% increase in listings year on year at the end of June to 2,411 listed entities.