United Kingdom
UK regulator declares DFM insolvent
The Financial Conduct Authority (FCA) has declared discretionary fund management firm Beaufort Securities and its clearing arm, Beaufort Asset Clearing Services, insolvent.
Have European and UK equities lost their lustre?
In what was a dismal month for markets generally, the UK and European equities were the pits, making up the five worst performing Investment Association sectors for February. But have the asset classes lost their lustre?
Best Practice | 2 Mar 18
Guardian Wealth secures corporate chartered status
The UK arm of Guardian Wealth Management Group’s international business has received corporate chartered status, the company confirmed to International Adviser.
FCA boss rejects Mifid II enforcement at all costs
FCA chief executive Andrew Bailey has rejected arguments Mifid II rules should be implemented whatever the cost to markets.
Equitable Life set to join industry M&A upheaval
Life insurance consolidators could be set to make another big acquisition after UK insurer Equitable Life, which was pulled back from the brink of collapse in 2000, confirmed it has hired Goldman Sachs to explore potential sales opportunities.