Investment
Woodford closure to cost over £10m
Equity Income fund investors get further details on first distribution payment
Woodford investors to receive 75% of fund value in first payout
They remain in the dark about timelines for the illiquid portfolio
Downsizing property doesn’t mean short-changing heirs
Careful planning means expats can unlock retirement funds from their homes and still leave a legacy
South African regulator fines asset manager
For promoting and soliciting unapproved offshore funds to investors
US duo charged for running marijuana Ponzi scheme
They managed to con at least 25 investors out of $4.85m