News
Investors switch to trackers in European equity markets
Following the French elections, investors have swapped actively managed single country equity funds for index trackers.
Tax & Regulation | news 6 Jul 17
Ex-adviser jailed for stealing thousands to pay off mortgage
A former director of a company that provided financial advice to the Law Society of Northern Ireland has been jailed for six months for stealing thousands.
Investment | news 6 Jul 17
UK investors pile into bonds and sell down UK equities
Investors piled into the IA Sterling Strategic Bond sector in May, while UK equity funds experienced a net retail outflow of £479m ($642m, €566m), according to the latest IA statistics.
Best Practice | news 6 Jul 17
HMRC doubles tax evasion requests to overseas governments
HM Revenue and Customs has almost doubled its requests to governments elsewhere in the world for help in suspected tax evasion cases over a five-year period, according to figures obtained by law firm Pinsent Masons.
Investment | news 6 Jul 17
Ultra-wealthy missing out on ‘huge returns’
Risk averse high-net worth investors are losing out on significant returns, as more than a third of the average portfolio is held in cash new analysis by UBS has revealed.