United Kingdom
Tax & Regulation | 11 Apr 17
UK advisers told to clearly signpost ‘advice’ and ‘guidance’
UK advisers will need to make clear the difference between “advice” and “guidance”, according to proposals published by the Financial Conduct Authority (FCA).
Tax & Regulation | 10 Apr 17
FCA extends robo-advice unit to include guidance
The UK’s Financial Conduct Authority (FCA) extend its robo-advice unit to include firms developing guidance solutions.
Investment | 10 Apr 17
EEA ‘death bonds’ investors urged to cash out
Investors in the ill-fated EEA Life Settlements Fund have been told it could be more profitable for them to sell off remaining policies in the fund than hold them to maturity, according to David Trinkwon, coordinator of the EEA Investors Group.
Best performing sectors for UK funds in 2017
The results are in – here are the 10 strongest-performing sectors on a total return basis according to the UK’s Investment Association and data from FE Analytics.
Retirement | 10 Apr 17
UK IFA banned over advice to invest £12m in store pods
A former UK adviser has been banned from being a director for nine years after his now collapsed IFA firm gave advice to over 300 clients to invest £12m (€14m, $14.8m) in unregulated investments in storage units.