United Kingdom
Investment fraudsters steal £51m in three months
Scammers are showing an increased appetite for ripping off unsuspecting UK consumers after £51m was stolen in the first three months of 2018/19, figures from the City of London Police reveal.
FNZ to acquire €31bn German platform
White label investment platform technology provider FNZ has snapped up German platform Ebase.
UK funds invest £650m in Trump detention camps
St James’s Place, Neptune and Aviva Investors are among asset managers with £657.7m ($869m, €744m) in three companies connected with US detention camps holding immigrants and their children.
UK compensation scheme declares 3 advice firms in default
Clients of three failed financial advice firms can now get their money back after the UK’s Financial Servies Compensation Scheme (FSCS) declared them in default.
Retirement | 12 Jul 18
High court approves Royal London’s ‘substantial’ cash offer
Royal London policyholders will be receiving offers for their guaranteed annual return pension schemes after the UK High Court, in principle, signed off on the provider’s plan to cash out savers.


