Investment
Slimming World ‘tax disaster’ rescued by verdict
An entrepreneur who discovered her Slimming World shares were in a tax planning structure which would have had a disastrous impact on her wealth has had the blunder reversed in court.
Govt sets up asset management taskforce
A taskforce to examine how the £8trn ($10.6trn, €9.1trn) UK asset management business can beat the Brexit blues will be set up by the Treasury, City minister Stephen Barclay has revealed.
Invesco launches first preferred shares ETF
Invesco PowerShares has launched its first preferred shares ETF in Europe.
Hong Kong fund house breaks into Switzerland
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.
Nutmeg losses widen despite surge in customers
Nutmeg, the online investment manager, saw losses rise to £9.3m ($12.5m, €10.5m) last year despite a surge in customer numbers.