United Kingdom
Liquidators label collapsed Louis Group ‘worthless’
Liquidators for collapsed Isle of Man-based property investment firm Louis Group have said that, following legal advice, they will not pursue claims against Louis Group IoM’s insurers, its parent company in South Africa or founder Alan Louis, reports local newspaper IOM Today.
Best Practice | 28 Jul 17
Bigger IHT haul signals a more aggressive HMRC
The IHT take has risen dramatically in the UK over the last two years leading insurer NFU Mutual to warn that HM Revenue & Customs may be getting more aggressive with estates, despite the introduction of a new nil rate residence band.
Best Practice | 28 Jul 17
Revised UK managers regime to expose ‘reckless’ IFA firms
The Financial Conduct Authority’s extension of its Senior Managers Regime to almost all regulated companies in the UK will help weed out “reckless and criminal firms”, financial adviser support firm SimplyBiz Group said.
Investment | 27 Jul 17
Ten need-to-know trusts for investors
Hits on the AIC website have soared in recent months, but which investment trusts have been peaking investor interest so far this year?
Best Practice | 27 Jul 17
Life insurance sales growth an opportunity for advisers
Searches and applications for life insurance in the UK have risen over the past year, which contradicts conventional wisdom that in tougher economic and political times like these protection sales take a downturn and creates an opportunity for advisers.