FCA takes civil action against Sipp introducers
The Financial Conduct Authority has commenced civil proceedings against two unregulated introducer firms, linked to controversial ethical tree investment schemes, for allegedly making misleading statements on pension investments.
Architas gives Woodford the chop
Architas has pulled Neil Woodford’s equity income fund from its multi-asset and multi-manager range, becoming the third fund group to ditch the mega manager in a matter of months.
Best Practice | 30 Nov 17
Guernsey Finance: ‘Not sure what more we’re supposed to do’
Guernsey Finance chief executive Dominic Wheatley is “not sure what more we’re expected to do” to help improve transparency in the fight against offshore tax evasion, he told International Adviser.
Tax & Regulation | 30 Nov 17
Regulators prepare for latest tax haven blacklist
As the European Union accelerates plans to publish its blacklist of tax havens in the light of the Paradise Papers, now brought forward to Tuesday 5 December, the world’s regulators must decide what action is needed.
UK equity income – the most unloved asset class?
According to Morningstar fund flow data the UK equity income sector was the most unloved sector in October, haemorrhaging more money than other out of vogue sectors like property, UK gilts and absolute return. So, why has the asset class become so passé?