News
North America | news 29 Mar 17
US regulator ‘freezes’ lottery ticket boiler room scam
A boiler room scam selling shares in a lottery ticket company that spent investor money on strip clubs, among other things, has had its assets frozen by the US Securities and Exchange Commission (SEC).
Expats face Brexit ‘limbo’ as UK kick-starts Article 50 talks
Over a million British expats living across the European Union face further uncertainty as the UK officially starts the two-year process to exit the bloc without being any closer to securing a deal on reciprocal rights.
United Kingdom | news 29 Mar 17
Brexit poses investment challenge for advisers – Pru survey
As the UK takes its first formal step toward leaving the European Union, UK insurance giant Prudential says its research found that financial advisers view ‘Brexit’ as one of the biggest investment planning challenges they face.
BlackRock reveals major overhaul of active equity offering
US asset management giant BlackRock has revealed a major shake-up of its actively managed equity funds, including job cuts and a greater use of technology in stock picking.
Triggering of Article 50 a fresh blow for Qrops
The UK government’s move on Wednesday to kick start the official two-year process for leaving the European Union is likely to be a further blow to a Qrops industry still reeling from the shock 25% charge imposed earlier this month.