United Kingdom
Jupiter Merlin chops Woodford exposure
Jupiter’s multi-manager range has drastically shaved down its exposure to Neil Woodford’s flagship equity income fund and has added three new funds to its holdings, Portfolio Adviser has learned.
Industry vexed by ‘scrapping’ of long term care cap
Expats expecting to return for a comfortable retirement in the UK may need to start working overtime or recalibrate their financial calculations in light of reports that Theresa May has shelved plans to cap long-term care costs.
Premier League adviser to face rape charge trial
A celebrity adviser to Premier League footballers and pop and TV stars is to go on trial accused of rape.
RBC Wealth axes 3% of jobs in Channel Islands and UK
RBC Wealth Management is making redundant around 3% of its 1,200-strong staff from offices based in Jersey, Guernsey, London and Edinburgh.
Rogue Sipp adviser lands Sesame with fine over Cape Verde fund
UK network Sesame has been ordered to compensate a pensioner after one of its advisers invested his Sipp into an unregulated Cape Verde fund and hid the commission.