United Kingdom
Investment | 1 Jul 16
Gilt yields go negative for first time
Gilt yields have gone negative for the first time in the wake of Mark Carney’s speech on the economy yesterday afternoon.
Investment | 1 Jul 16
UK investment scams cost victims £20,000
Victim of investment scams lose an average of £20,000 ($26,780, €24,115), according to UK consumer champion Citizens Advice.
United Kingdom | 30 Jun 16
Guernsey is a financial services ‘safe haven’, says minister
The island remains a “safe haven” for financial services despite the UK’s decision to leave the European Union, according to Guernsey’s chief minister, deputy Gavin St Pier.
Tax & Regulation | 30 Jun 16
UK IFA ordered to undo ‘inappropriate’ illiquid investments
A UK advisory firm must compensate a client it advised to give up a guaranteed cash sum and annuity rate to invest in illiquid storage units, the Financial Ombudsman Service (FOS) has ruled.
Macro Views | 29 Jun 16
Life companies still vulnerable despite share rally
Companies in the life insurance sector will continue to be vulnerable to further market shocks in the aftermath of the Brexit vote despite a rally in shares, research has shown.