United Kingdom

Best Practice | 5 Apr 18

The Financial Conduct Authority (FCA) has “no immediate plans” to ban trail commission on legacy investment products, it has announced in a policy statement that looks to shake-up the asset management industry.

Companies | 5 Apr 18

Invesco Perpetual is expected to cut its 44% stake in AJ Bell, alongside second-largest shareholder Andy Bell, to make it easier for smaller investors to get in on the firm’s IPO.

Equities | 4 Apr 18

Guernsey has launched a development strategy to champion “green investment”, in a move it hopes will position the island as the go to jurisdiction for green financial services.

Equities | 4 Apr 18

Neil Woodford has told investors the UK is set to become the fastest-growing economy in the Organisation for Economic Co-operation and Development (OECD) by the end of 2018 as he notes institutional investors remain underinvested in the country post Brexit.

Europe | 4 Apr 18

The Isle of Man’s chief minister, Howard Quayle, says the jurisdiction faces the “very real danger” of being put on the EU tax haven blacklist.