News
Tax & Regulation | news 11 Apr 16
Nutmeg embraces US expats after Fatca reporting overhaul
Investment platform Nutmeg has confirmed it will make its services available to US citizens living in the UK, despite the growing number of wealth managers exiting the market due to the increased regulatory requirements relating to the Foreign Account Tax Compliance Act (Fatca).
Macro Views | news 11 Apr 16
BlackRock’s Fink sounds warning on negative rates
The move to negative rates by central banks has potentially dangerous financial and economic consequences – especially for retirement savers, says Larry Fink.
Baring AM: Indonesia equities to outperform
Indonesia’s equity market is likely to outperform other ASEAN countries, said Soohai Lim, director of Asian equities at Baring Asset Management.
Flagstone unveils cash ‘auction’ platform for wealthy savers
High net-worth individuals in the UK can now auction their cash deposits by inviting banks to bid for their money in return for better interest rates – with some cases securing rates that are up to 50% more competitive than those advertised, according to investment management firm Flagstone.
Best Practice | news 8 Apr 16
FEIFA teams up with Praemium for IFA tech push
The Federation of European Independent Financial Advisers (FEIFA) will be working with the UK division of Australian-headquartered platform provider Praemium to promote improvements in technology for the advisory sector.