News
Tax & Regulation | news 5 Apr 16
FCA sets £74m levy on advisers
Financial advisers will have to pay a £73.7m levy to fund the Financial Conduct Authority’s (FCA) £518.9m budget for 2016/17, according to plans laid out by the regulator.
Standard Life’s 1825 buys London-based IFA Baigre Davies
Standard Life’s 1825 has announced its third acquisition in three weeks after agreeing to buy London-based IFA Baigre Davies – shortly after confirming the purchase of Scottish wealth management advice business Munro Partnership and Norwich-based Almary Green.
People Moves | news 5 Apr 16
IA appoints Cummings as new chief exec
Former AIFA director general Chris Cummings has been appointed as chief executive of the Investment Association.
Multi Asset | news 5 Apr 16
NN IP launches absolute return factor investing fund
NN Investment Partners has launched a Luxembourg-based multi asset absolute return fund using a strategy that allocates to multiple factors across different asset classes.
Tax & Regulation | news 5 Apr 16
Panama papers fallout: the industry reacts
The offshore financial advisory, wealth management and life office sectors should remain unharmed by the “uninformed hysteria” surrounding the Panama Papers, industry reaction has suggested.