United Kingdom
Hargreaves £15m tax case win over HMRC
Hargreaves Lansdown has won a tax tribunal appeal against HM Revenue & Customs that will see around 150,000 investors receive a £15m ($20.9m, €17m) rebate.
PEOPLE MOVES: Investec, NN IP and Heartwood
NN IP chooses its lead portfolio manager of emerging market debt, Investec hires its UK institutional sales director from Goldman Sachs and Heartwood makes a raft appointments to its investment team.
Retirement | 19 Mar 18
DB pension reform plans will not stop next collapse
The UK government plan to give The Pensions Regulator teeth to fine and imprison individuals who endanger defined benefit schemes, has been branded slow and impractical.
Aim-listed Harwood acquires Southampton-based IFA
Harwood Wealth Management has continued its buying spree with the purchase of Southampton-based IFA AE Financial Services from its parent company for £4.6m.
Active equity has good year but suffers longer term
More than half of active UK equity funds outperformed last year, but three quarters underperformed over a 10-year period, according to S&P Dow Jones Indices (SPDJI).