News
United Kingdom | news 1 Jun 15
Fraudster gang faces jail terms over £4.3m UCIS losses
Eight fraudsters face a combined total of 26 years’ imprisonment after the UK’s Financial Conduct Authority found they lost over £4.3m of investors’ money in their unauthorised collective investment scheme (UCIS).
Retirement | news 1 Jun 15
Boal & Co gains trustee licence in Gibraltar
Isle of Man headquartered Boal & Co has obtained a trustee licence for its Gibraltar QROPS business following approval from the British overseas territory’s regulator.
Profiles & Comment | news 1 Jun 15
Global Horizons: Life trends with Aviva
Chris Wei, chief of Aviva’s global life insurance arm is tasked with driving growth in the Asia region after the firm’s recent mega-merger with Friends Provident International.
Tax & Regulation | news 1 Jun 15
Tax evader crackdown by HMRC widens to smaller cases
A sharp fall in the average length of custodial sentences given to criminal tax evaders is a clear signal that HM Revenue & Customs is increasingly targeting smaller cases, according to research by Pinsent Masons.
People Moves | news 1 Jun 15
Aviva appoints ex-Aria manager as head of third party sales
Global asset manager Aviva Investors has appointed James Tothill as its head of third party sales.