United Kingdom
Investment | 20 Jun 16
Arck advisers ordered to pay just £562k following £50m fraud
Two UK financial advisers, who gave clients bad advice to invest in fraudulent property investment scheme Arck LLP, have been ordered to pay £562,766 ($807,721, €716,087) for their part in the £50m scam.
Best Practice | 20 Jun 16
What will a ‘Brexit’ mean for my pension?
With the referendum on whether or not the UK will leave the European Union only days away, Aegon has addressed some of the concerns about how a vote to leave could impact pensions.
Unregulated New Earth funds facing liquidation
Joint liquidators have been appointed to the New Earth Group of Funds following an application by the Isle of Man Financial Services Authority (IOMFSA). The application was made with the knowledge and consent of the funds’ directors.
Best Practice | 16 Jun 16
Enhance Group launches investment advice service in London
Jersey-based private wealth services firm Enhance Group has launched a new investment consultancy business, located in London, which will provide institutional-style investment advice to high net worth individuals and families.
Macro Views | 16 Jun 16
Brexit betting odds: are they reliable?
Betting odds have emerged as a coveted predictor of the outcome of the UK’s EU referendum on June 23. But are they actually as reliable as some fund managers suggest? Nikko AM has its doubts.