News
Tax & Regulation | news 11 Aug 17
Mazars cleared of bad advice charge by UK Ombudsman
A man who had to pay additional taxes after losing his lifetime allowance (LTA) protection on his pension plans was not poorly advised by the financial planning arm of UK accountancy firm Mazars, the ombudsman has found.
North America | news 11 Aug 17
US court upholds IRS penalty on US expat demanding tax refund
A US court has dismissed a complaint by an American citizen residing in Canada who claimed to have paid an unconstitutional penalty for failing to file the fiscal documentation required for his offshore business.
United Kingdom | news 11 Aug 17
London police make arrest in suspected boiler room scam
A man was arrested in London on Thursday on suspicion of helping to set up a boiler room scam that was used to persuade people to invest in a non-existent crypto currency.
Fixed Income | news 11 Aug 17
Inflation-linked bonds attractive despite uncertain outlook
Despite a murkier outlook for global inflation, there could be “positive surprises” ahead which make inflation-linked bonds an attractive diversifier, Fidelity International says.
Multi Asset | news 11 Aug 17
Booming multi-asset funds not a ‘one stop solution’: BMO
Investors need to stop viewing ‘Rubik’s Cube’ multi-asset funds as a one stop solution to deal with all their needs, BMO’s Gary Potter has said.