United Kingdom
Hong Kong IFA firm Convoy halts trading following raids
Trading of Convoy Financial Services shares have been suspended on the Hong Kong Stock Exchange (HKSE) following multiple reports authorities have raided offices, homes and arrested executive directors.
Exposing the true cost of investing
Just the threat of transparency will push asset managers to offer discounts to retail and institutional investors, according to one industry expert who is on a quest to uncover the true cost of investments and the apparent conspiracies against transparency in the market.
Best Practice | 7 Dec 17
UK Treasury predicts 16m people will benefit from robo-advice
Asset and wealth managers have been urged to embrace robo-advice in order to reach millions in need of money advice in the UK by an HM Treasury paper published Wednesday.
Best Practice | 6 Dec 17
HMRC powers worrying for taxpayers
Concern has been raised about the lack of effective safeguards in place for taxpayers, as HM Revenue and Customs continues to develop broader powers to seek payments.
Will sterling sink or swim?
Following the recent news of progress on the Brexit “divorce bill”, sterling hit a two-month high this week, and was up against both dollar and euro. Despite the uptick, the main question still remains, will sterling continue to strengthen or is it in danger of collapsing in the face of political turbulence?