United Kingdom
Tax & Regulation | 8 Jul 16
UK regulator wades in to property fund suspensions
The Financial Conduct Authority (FCA) has reminded fund managers of their obligations to investors following the closure of a number of high profile property funds in the UK.
United Kingdom | 8 Jul 16
UK prime minister candidate defends using offshore bank
Using an offshore Jersey bank does not make you a tax avoider, UK prime ministerial candidate Andrea Leadsom has said.
Technology | 8 Jul 16
UK robo-advice financially unviable, warns investment firm SCM
UK robo-advisers are ‘wired’ to lose money and most will go bust before acquiring the sizeable assets under management needed to survive, a scathing new report has warned.
Best Practice | 7 Jul 16
UK adviser profit growth under threat
Despite 68% of UK financial advisers reporting more profitable operations this year compared with 2015, low growth in client funds is a potential threat to future profits.
LGIM, Aberdeen levy exit penalties on UK property funds
Aberdeen Asset Management and LGIM have announced a 17% and 15% value cut on their respective commercial property funds, following suspensions on trading by the UK’s largest property funds.