United Kingdom
Five UK insurers facing FCA review over customer treatment
Old Mutual, Prudential and Abbey Life are among five companies still under investigation by the Financial Conduct Authority over concerns about the transparency of exit and penalty charges in the firms’ closed-book life insurance policies.
Investment | 7 Sep 17
Woodford apologises for ‘incredibly painful’ underperformance
Neil Woodford has spoken out about his fund’s “incredibly painful” recent underperformance and promised to recover the capital lost in a newly released in-depth interview.
Standard Life advice boss changes role, plans acquisitions
Standard Life’s restricted advice arm 1825 has announced a reshuffle of senior management roles.
Harlequin open to bad advice claims after Ucis ruling
Clients of UK advisers who claim they were mis-sold the collapsed Harlequin Caribbean property Ucis investment may be eligible for financial redress from the UK’s Financial Services Compensation Scheme (FSCS).
HMRC deadline pushed back for trusts tax planning register
HM Revenue & Customs has given a two-month extension to an October deadline for trusts to be registered, following complaints that the original date did not give enough time to complete registration.