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United Kingdom

Ex-adviser jailed for stealing thousands to pay off mortgage

Tax & Regulation | 6 Jul 17

Ex-adviser jailed for stealing thousands to pay off mortgage

A former director of a company that provided financial advice to the Law Society of Northern Ireland has been jailed for six months for stealing thousands.

UK investors pile into bonds and sell down UK equities

Investment | 6 Jul 17

UK investors pile into bonds and sell down UK equities

Investors piled into the IA Sterling Strategic Bond sector in May, while UK equity funds experienced a net retail outflow of £479m ($642m, €566m), according to the latest IA statistics.

Ultra-wealthy missing out on ‘huge returns’

Investment | 6 Jul 17

Ultra-wealthy missing out on ‘huge returns’

Risk averse high-net worth investors are losing out on significant returns, as more than a third of the average portfolio is held in cash new analysis by UBS has revealed.

HMRC wins long-running case against Rangers football club

Tax & Regulation | 6 Jul 17

HMRC wins long-running case against Rangers football club

The UK Supreme Court has ruled in favour of HMRC in its seven-year pursuit of Rangers Football Club for aiding and abetting tax avoidance using Employee Benefit Trusts (EBTs).

Selectapension suspends Qrops transfer service after FCA audit

Retirement | 6 Jul 17

Selectapension suspends Qrops transfer service after FCA audit

A UK firm which writes third party Qrops transfer reports has suspended its defined benefit pension transfer business following an FCA audit.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.