United Kingdom
Adviser and his wife convicted of £1.7m property fraud
A “heartless” adviser and his wife have been found guilty of swindling people out of £1.7m (€1.9m, $2.1m) after the longest trial in UK criminal history.
People Moves | 17 May 17
Utmost Wealth’s Simon Willoughby in shock departure
Senior industry figure Simon Willoughby, head of proposition at Utmost Wealth Solutions, has been made redundant following an internal restructure.
Investment | 17 May 17
Millionaire investors short-termism due to ‘information overload’
More than two-thirds of high net worth investors say they suffer from ‘information overload’ and admit being easily distracted by short-term developments in politics and the economy.
Tax & Regulation | 17 May 17
Adviser in court for investing £1.2m in Polish property fund
A former financial adviser in the UK has denied forging clients’ signatures so he could invest £1.26m (€1.47m, $1.62m) of their money into a high-risk Polish property fund for his own benefit.
United Kingdom | 17 May 17
Hawksmoor director dies in walking accident
John Wynne, head of finance at Hawksmoor Investment Management, died on Sunday in a walking accident in Snowdonia.