United Kingdom
Investment | 13 Dec 17
Woodford-backed Purplebricks sees shares slide on £8.2m loss
Neil Woodford’s favourite online estate agent Purplebricks failed to woo markets with its half year figures after posting an £8.2m ($10.9m, €9.3m) loss.
Best Practice | 13 Dec 17
SJP stops British Steel pension transfers amid industry scam concerns
The chair of the UK’s Work and Pensions Select Committee has described the British Steel Pension Scheme as a “honeypot for scammers”, as St James’s Place confirms it has stopped accepting transfer requests from scheme members in an unrelated move.
Best Practice | 12 Dec 17
US tax evaders face 10-fold penalty hike
Offshore tax evaders face penalties up to 10 times the current sentencing guidelines after the US Department of Justice (DOJ) announced a major policy shift.
Investment | 12 Dec 17
UK inflation hits 3.1% but has it peaked?
November inflation has breached the 3% mark for the first time in nearly six years, but has it reached its peak?
Old Mutual Intl takes balanced approach with UK bond
Old Mutual International (OMI) has launched a trust-based bond that looks to balance access to capital with inheritance tax planning and give control over the future distribution of assets.