United Kingdom
Charles Stanley Direct ditches Woodford from buy list
Charles Stanley Direct has booted Woodford Equity Income from its preferred funds list on concerns about its exposure to early stage companies.
United Kingdom | 22 May 18
Where next for Roman Abramovich’s UK visa?
Russian billionaire Roman Abramovich’s visa problems have highlighted the tougher regime around UK investment visas.
Best Practice | 21 May 18
FCA warns firms of robo-advice failings
Firms offering robo-advice have been accused by the UK’s Financial Conduct Authority (FCA) of using unclear charging structures and failing to protect vulnerable clients.
Russian dirty money entering UK through BOTs, report says
Money laundering is a matter of national security for the UK, and it therefore has the constitutional right to make British Overseas Territories (BOTs) introduce public registers of beneficial ownership, according to a select committee report.
Retirement | 21 May 18
Old Mutual sees 25% growth in DB pension transfers by 2028
Old Mutual Wealth is predicting defined benefit pension transfers will accelerate, with an estimated 25 to 30% of those eligible switching out of their schemes in the next 10 years.