United Kingdom
IFA profits from investment manager’s FCA suspension
The firm has taken on around 1600 clients which equates to around £55m in assets under management
‘Fraudulent’ financial adviser jailed for eight years
He used £4.5m of his victims’ money to fund an ‘extravagant lifestyle of foreign travel, top hotels and gambling’
Polar Capital unveils absolute return fund
The vehicle will be available in France, Luxembourg, Austria, Germany, Switzerland, UK and Ireland
The Netherlands creates its own tax haven blacklist
The list of 21 jurisdictions, 16 more than the EU, includes the Isle of Man, Jersey and Guernsey
Financial planning group agrees double acquisition
Also, Caledonia Investments to acquire minority share in a multi-family office