Regions
Investment | 1 Jul 16
UK investment scams cost victims £20,000
Victim of investment scams lose an average of £20,000 ($26,780, €24,115), according to UK consumer champion Citizens Advice.
Mauritius a leading offshore centre among Africa’s IFAs
Mauritius is set to become the offshore centre of choice among financial advisers based in Southern Africa, a new survey has revealed.
Guaranteed products gain in volatile markets, says Beechwood
Beechwood Bermuda, a provider of capital guaranteed investment plans for the international market, said current market volatility has put it on course for record monthly sales.
United Kingdom | 30 Jun 16
Guernsey is a financial services ‘safe haven’, says minister
The island remains a “safe haven” for financial services despite the UK’s decision to leave the European Union, according to Guernsey’s chief minister, deputy Gavin St Pier.
Tax & Regulation | 30 Jun 16
UK IFA ordered to undo ‘inappropriate’ illiquid investments
A UK advisory firm must compensate a client it advised to give up a guaranteed cash sum and annuity rate to invest in illiquid storage units, the Financial Ombudsman Service (FOS) has ruled.