United Kingdom
Two UK-based firms fail
With the FSCS receiving claims related to investment and secured bonds
Calls for judicial review into FCA as investment trust sector faces extinction
Cost disclosure regulation has been called ‘illegal and irrational’ amid an ’emergency situation’ for investment companies
Platform partners with BlackRock to launch three money-market funds
They will be available for UK retail investors
Just 37% of female investors have high levels of financial confidence
This is compared with 52% of men
UK taxman collects £2.6bn from IHT receipts in 3 months
Bereaved families are ‘increasingly filling government coffers’ due to frozen thresholds.