United Kingdom
Brexit vote unlikely to hit financial advisers in short term
Political and economic uncertainty surrounds the outcome of the UK referendum on 23 June, but the initial impact on the business of financial advisers, even if there is a vote to leave, could take some time to be felt, according to industry observers.
Best Practice | 1 Jun 16
Confidence in UK advisers rises 40% since RDR
Trust and confidence in financial advisers in the UK has risen by 40% since the introduction of the Retail Distribution Review (RDR), research from the Personal Finance Society (PFS) shows.
Investment | 31 May 16
EEA investors offered ‘dismal’ price for run-off shares
Investors in the ill-fated EEA Life Settlements Fund have received a “dismal” strike price offer for their shares in so-called ‘death bonds’, according to campaign group EEA Investor’s Group (EEIG).
Tax & Regulation | 31 May 16
HMRC issues U-turn on hundreds of APNs after judicial review
HM Revenue & Customs (HMRC) has withdrawn hundreds of accelerated payment notices (APNs) it issued to taxpayers after a court found it had no right to pursue individuals under the employee benefit trust (EBT) arrangements.
Investment | 31 May 16
Alliance Trust shares climb as merger talks revealed
Scottish-based investment firm Alliance Trust has announced it has entered talks with RIT Capital Partners on a merger of the two companies.