United Kingdom
Woodford, Rathbones and Trojan disappoint in FE ratings
Neil Woodford’s flagship Equity Income fund was downgraded by data-provider FE Trustnet in its latest rebalance from five crowns to just one, six months after receiving the debut accolade.
Best Practice | 29 Jan 18
Younger investors more at risk online
Young people are most at risk of investing in fraudulent schemes pushed on social media, the UK regulator has warned.
Best Practice | 29 Jan 18
Isle of Man cracks down on unlicenced activity
The Isle of Man Financial Services Authority (FSA) is taking a “proactive initiative” to clamp down on financial services professionals conducting regulated activities without a licence.
Best Practice | 29 Jan 18
Aegon publicly slammed by PensionBee chief exec
Aegon’s “arduous” pension transfer process is creating barriers to stop customers transferring out and risks them becoming immune to red flags and falling victim to scams, the chief executive of PensionBee wrote in an open letter to her Aegon counterpart.
Tax & Technical | 29 Jan 18
Savers snared in £300m business tax
A UK budget measure aimed at corporates will eat into people’s savings, a government letter has revealed.