News
Standard Life Aberdeen fights to keep axed £109bn contract
Standard Life Aberdeen has challenged Lloyd Banking Group’s decision to pull out of a £109bn ($148bn, €124bn) contract, arguing that there are no material competition concerns.
ANZ scraps financial planner bonuses
Australia banking giant ANZ has announced it will stop paying bonuses to financial planners selling its products, as it looks to change its banking practices in response to a royal commission focussing on misconduct in the sector.
Tax & Technical | news 8 May 18
Paradise Papers law firm settles case against BBC and Guardian
Offshore law firm Appleby has dropped its legal claim against the journalists who published news stories based on documents taken from its Bermuda office.
Best Practice | news 8 May 18
Landmark ruling restores confidence in Channel Island trusts
Confidence in the security of assets held in Jersey and Guernsey trusts has been restored following a recent ruling in the Privy Council, says Nick Robison, partner at law firm Babbé, which was involved in the case.
Nutmeg ordered to pay ex-client for ‘irritating’ mistakes
The Financial Ombudsman Service has ordered Nutmeg to pay a former client for “numerous mistakes” surrounding direct debits on his pension plan that were likely to cause irritation.