United Kingdom
Life companies top IoM financial ombudsman complaints
Life companies were the most complained about financial services providers on the Isle of Man last year, according to figures released by the island’s Financial Services Ombudsman.
Best Practice | 15 Nov 16
Cross border adviser diplomas between UK and Ireland go live
The Chartered Institute for Securities & Investment (CISI) has agreed a cross border deal enabling recognition of its financial services qualifications between Ireland and the UK.
RL360° acquires Ardan International from Rowan Dartington
RL360° is to acquire Rowan Dartington’s global platform business Ardan International for an undisclosed fee.
Tax & Regulation | 15 Nov 16
Majority of wealthy UK savers unaware of IHT changes
Around 75% of wealthy are unaware of the new ‘residence nil rate band’ inheritance tax allowance (IHT), due to be introduced in April next year, according to research by Canada Life.
Hong Kong IFA firm buys stake in Nutmeg for £24m
Convoy, one of the largest IFA firms in Hong Kong, has paid £24m ($30.2m, €27.8m) for a stake in UK investment platform Nutmeg, in a move praised by UK chancellor Philip Hammond.