United Kingdom
Tax & Regulation | 13 Jul 16
FSCS payments reach record high over risky Sipps investments
Payouts to UK consumers, aggrieved by poor life and pensions advice, have more than doubled due to an increase in high risk Sipp investment claims, new figures from the Financial Services Compensation Scheme (FSCS) show.
Canada Life Group Insurance managing director McMullan dies
Ian McMullan, managing director of Canada Life Group Insurance, died on 8 July following a battle with cancer.
Aberdeen lifts trading suspension on UK property fund
Aberdeen Asset Management has lifted the trading suspension on the Aberdeen UK Property Fund.
Investment | 12 Jul 16
ANALYSIS: Come what May, are the odds stacked against our new PM?
Market expectations are pricing in a 77% chance of a rate cut when the MPC meets on Thursday; there were similar odds on France beating Portugal in last Sunday’s Euro 2016 final.
Technology | 12 Jul 16
Just 12% of millennials use financial advisers, says fintech app Bud
Millennials are more likely to turn to robo-advice than a financial adviser for help with their personal finances, new research suggests.