United Kingdom
Financial services must be part of EU/UK trade deal, says FCA
The EU recently proposed a single trade agreement with the United States, so there is no reason it cannot have one with the UK post-Brexit, according to the chief executive of the UK’s Financial Conduct Authority (FCA).
Asian investors in London property risking hefty IHT bills
Overseas investment into the London residential new-build property market is dominated by Asian investors who may be overlooking UK inheritance tax in their financial planning, Old Mutual International has warned.
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”.