United Kingdom
The privacy risks of cross border investing
What can unite the UK and Russia, Saudi Arabia and Qatar and Pakistan and India? The answer, as all nerds know, is not football but tax, specifically the Common Reporting Standard (CRS), according to Irwin Mitchell Private Wealth partner Alex Ruffel and solicitor Luke Micallef-Trigona.
DFMs hindering trust take-up on platforms
Discretionary fund managers’ lack of willingness to use investment companies in model portfolios is hindering their adoption on advised platforms, according to the Lang Cat.
Mis-sold Sipp complaint upheld in rare move
The UK’s Financial Ombudsman Service (FOS) has upheld a mis-selling complaint involving an unregulated introducer and self-invested personal pension (Sipp) provider Guinness Mahon.
Best Practice | 5 Jul 18
FCA told to engage more with professional bodies
A financial services alliance representing 200,000 global members is demanding the UK’s Financial Conduct Authority (FCA) does more to support professionalism in the industry.
Investment | 4 Jul 18
DFM behemoths blamed for widening trust discounts
Wealth managers have been accused of rapidly moving away from the investment trusts sector creating wide discounts in some parts of the market.