News
Best Practice | news 7 Dec 16
UK advice industry failing to attract graduates
The UK financial advice industry is failing to recruit graduates and trainees into the sector, according to a new study by Investec Wealth & Investment (IW&I).
Retirement | news 7 Dec 16
Regulating Rops will ‘level playing field’, say providers
The UK’s plans to change the way overseas pension schemes are taxed and regulated have been welcomed by some providers, who say the changes will level the playing field between Rops and UK pensions and increase consumer protection.
EU hits banks with record €485m fine
JPMorgan Chase, HSBC and Crédit Agricole have been hit with fines totalling €485m (£409m, $521m) by the European Commission for rigging Euribor rates.
Tax & Regulation | news 7 Dec 16
HMRC tightens noose on advisers who enable tax avoidance
HMRC is to go ahead and issue hefty fines to financial advisers found guilty of helping their clients avoid tax, as it sets out clear guidelines on who exactly will be affected by the move.
Investment | news 7 Dec 16
US asset manager Oppenheimer targets EMEA with Dublin Ucits
New York-headquartered asset manager OppenheimerFunds, has named former Alliance Bernstein director Doug Stewart to spearhead distribution across Europe, the Middle East and Africa for its newly launched Ireland-domiciled Ucits platform.