Tax & Regulation | 19 May 15
APFA calls for FCA budget freeze to stem fee rises
The Association of Professional Financial Advisers (APFA) has called for a freeze in the Financial Conduct Authority’s (FCA) budget for the next two years to give its members a break from having to meet its steadily rising fees.
United Kingdom | 19 May 15
Britons set to lose £550m in IHT due to poor planning
Over £500m could be lost in inheritance tax this year due to inefficient planning, a report by unbiased.co.uk has revealed.
Property more complex than securities or bricks and mortar
A property allocation should not be a straight shoot-out between real estate securities and bricks and mortar though any combination of the two still needs to consider their differences in liquidity and similarities in correlation.
HK shell company sold by deVere suspended by insurance regulator
Shell company Devere Group Hong Kong Ltd, which is no longer owned by the deVere Group, having been sold last year, has had its licence suspended by the Hong Kong insurance regulator.
United Kingdom | 19 May 15
Harwood Capital buys Wellian as DFM arm
Harwood Capital Management has bought Wellian Investment Solutions, for an undisclosed sum, in an effort to add discretionary management to its suite of offerings.