United Kingdom
Adviser still working after losing clients £400,000
A couple who lost almost £400,000 due to bad advice they received from a financial planner have been shocked to discover that he is still working in the industry.
Best Practice | 5 Feb 18
Pension pot size a mystery for most
Three quarters of UK workers do not know the value of their pension fund, while a fifth of consumers aged over 55 will not trust anyone when it comes to getting financial advice, according the Chartered Institute for Securities & Investment (Cisi).
Woodford sticking with Capita
Days after Capita saw its shares plummet more than 40%, Neil Woodford has said he will not abandon his holdings in the business process outsourcing firm, even though “it has been a poor investment”.
UK offshore tax crackdown failing
A crackdown on offshore tax cheats will net the UK Government just £349m a year, a third of the nearly £1bn ($1.4bn, €1.1bn) that had been forecast.
Best Practice | 5 Feb 18
UK launches £89m power of attorney refund scheme
Nearly two million people who paid for an enduring or lasting power of attorney look set to benefit from a refund scheme launched by the Ministry of Justice and Office of the Public Guardian (OPG).