United Kingdom
Investment | 5 Oct 16
ANALYSIS: A passporting trade-off looms for Brexit Britain
With Britain’s impending exit from the European Single Market all but confirmed, it’s time to face the possible consequences for asset managers.
Canada Life ends fair value adjustment on UK property funds
Canada Life has removed the fair value adjustment on property values in its commercial property funds imposed at the start of the month when it lifted a suspension of redemptions.
Tax & Regulation | 30 Sep 16
HMRC data sharing deal with Crown dependencies goes live
A new data sharing agreement has officially come into force with the HM Revenue and Customs (HMRC) expected to be handed the details of hundreds of thousands of offshore accounts on Friday as part of a move for wider transparency from the Isle of Man, Jersey, Guernsey and the Cayman Islands.
Retirement | 30 Sep 16
UK adults in their 30s half as wealthy as those in their 40s
UK adults born in the 1980s have half the wealth as those born in the 1970s had at around the same age, according to a new study.
Tax & Regulation | 29 Sep 16
UK advisers must record calls under new FCA Mifid II rules
Financial advisers in the UK may be required to record phone calls to clients under the Financial Conduct Authority’s (FCA) proposals regarding Mifid II, which also looks at extending the RDR commission ban for portfolio managers.