News
Four asset management firms under FCA investigation
The Financial Conduct Authority has accused four asset management firms of breaching competition laws after allegedly sharing details of their bids in two initial public offerings (IPOs).
Tax haven blacklist ‘not credible’ if four EU countries excluded
To stop its blacklist being whitewashed, the European Union should include Ireland, Luxembourg, Malta and the Netherlands on its list of tax havens when it is published on 5 December, Oxfam has warned.
Judge not swayed by HMRC tax blunder
A taxpayer who relied on incorrect information published in an HM Revenue & Customs manual to claim tax relief has had his request for a judicial review dismissed, despite the judge agreeing the information provided was wrong.
Fixed Income | news 29 Nov 17
Why ESG matters for bonds
The higher a country’s environment, social, governance (ESG) rating, the better its government bonds perform, MSCI has found.
Best Practice | news 29 Nov 17
What is the value of financial advice?
If an adviser’s ultimate aim is to run a practice where clients will cheerfully pay the fees, the first step must be to counter some false truths about value, says Phil Billingham.