News
Tax & Regulation | news 23 Aug 17
FCA finds compliance officer with 20-yr record unfit for role
The Financial Conduct Authority has refused to let a compliance officer with nearly 20 years of experience carry out certain controlled functions on behalf of online trader Goldenway Global Investments.
Bets on stock market volatility might be long term losers
Investors have been warned to steer clear of volatility ETFs or risk entering a “long term money losing opportunity,” as interest in the vehicles steadily rises.
Macro Views | news 23 Aug 17
Red flag for UK as employer economic confidence falters
Collapsing employers’ confidence in the UK economy is a red flag, despite the jobs market still appearing strong according to the Recruitment and Employment Confederation.
North America | news 23 Aug 17
US adviser creates alter ego to defraud pro athlete over fees
The US Securities and Exchange Commission (SEC) has charged an adviser with defrauding a professional athlete and his wife by deceiving them about the advisory fees they were paying and making up a person to testify to his goodwill.
S African expats must assess tax liability before September
In the furore over the removal of the tax exemption on foreign earnings, it has become clear that many South African expats are not fully aware of their existing tax obligations on offshore savings and investments and time is running out, warns Old Mutual Wealth’s David Denton.