United Kingdom
Investment | 28 Apr 15
Assets in ETF industry set to overtake hedge funds
Assets invested in the global ETF/ETP industry will surpass those in the world’s hedge fund industry during the current quarter, according to a report from independent research and consultancy firm ETFGI.
Tax & Regulation | 28 Apr 15
HMRC ramps up investigations into quick rich earners
The tax affairs of individuals with rapidly rising wealth are to come under more intense scrutiny by HM Revenue & Customs.
United Kingdom | 28 Apr 15
Pensions advisers slapped with £100m FSCS levy
UK-based life and pensions advisers are going to be hit with an annual levy that will almost double what was forecast in the Financial Services Compensation Scheme’s plan and budget.
Investment | 27 Apr 15
Clients look for compensation after wealth manager goes bust
A Scottish-based wealth management firm has gone bust after it was unable to pay back clients who were mis-sold high risk investments, and customers are now turning to the Financial Services Compensation Scheme to get their money back.
New independent advisory firm launches
A group of City heavyweights with a track record in pensions and institutional investment has launched a new financial advisory firm called City Noble, which aims to deliver impartial advice to trustees and institutional investors.