News
Tax & Regulation | news 16 Jun 16
FCA charges five in £2.75m boiler room scam
Five people appeared at London’s Southwark Crown Court on Thursday accused of promoting and selling shares in a company through a succession of boiler room scams.
Best Practice | news 16 Jun 16
Millennials’ income and investing expectations unrealistic
Investor expectations for income and long term returns appear to be significantly inflated, with many looking set for disappointment. Millennials’ expectations, however, are the most unrealistic, say Schroders.
People Moves | news 16 Jun 16
PEOPLE MOVES: RLAM, Legal & General, Mercer Jelf
Set to lose its UK Smaller Companies veteran, Royal London Asset Management has nabbed a senior fund manager from Axa Framlington as a replacement. Legal & General has appointed a Mastertrust trustee and government committee member, while Mercer Jelf has named its new head.
Mirae joins parade of oil ETFs in Hong Kong
After recent oil ETF launches by China’s CSOP and Samsung AM in Hong Kong, Mirae Asset Global Investments has followed with its own product.
Qrops specialist Momentum launches free transfer UK Sipp
Malta-based pension specialist Momentum Pensions has launched a self-invested pension product (Sipp), giving the firm’s 5,000 expat clients the option to switch their Qrops, for free, into a Sipp, should they decide to move back to the UK.