News
Aussie adviser gets nine years for stealing A$9m
A financial adviser from Australia has been sentenced to nine-and-a-half years in prison after he pleaded guilty to 33 counts of fraud and 21 counts of falsifying records that resulted in investors losing millions.
Barclays’ trust business acquired and rebranded
Barclays Wealth and Investment Management has sold a majority share of its trust and fiduciary business to an independent investor group.
Axa IM to offer online asset management course
Axa Investment Managers (Axa IM) is partnering with French academic institute HEC Paris to offer asset management education through a Massive Open Online Course (MOOC). The course will launch in April 2016 and is open to all.
Tax & Regulation | news 18 Jan 16
UK gov’t favours upfront tax relief on pension plans
UK chancellor George Osborne is likely to opt for a flat rate of tax relief on pension savings rather than a more radical move to a so called “pension Isa” when he announces the outcome of the government’s current review.
Cautious funds the winners in FE ratings rebalance
Six funds jumped from one crown to five in the latest FE Research ratings rebalance, while 13 previously unrated funds jumped straight to the highest possible rating.