Alan Shearer adviser banned for taking insolvent company assets
A UK-based IFA, whose former client was England striker Alan Shearer, has been banned from holding a directorship for sneaking £76,000 from his insolvent advice firm.
Schroders takes stake in Singapore digital adviser
Asset management firm Schroders has taken a minority equity stake in WeInvest, a Singapore based digital wealth adviser.
‘Monstrous’ offshore bond tax regime ripe for review
In a wide-ranging review of the tax treatment of pensions and savings income, the UK’s Office for Tax Simplification has called for HM Revenue & Customs to launch a review into life insurance withdrawals.
PEOPLE MOVES: SJP, Artemis, BlueBay
International wealth management group St James’s Place makes several changes to its range of funds, Artemis appoints Jasper Berens, former JP Morgan Asset Management UK head, to take over its head of distribution and Martin Currie poaches from Blackrock.
Italian Government bond spreads rely on incoming finance minister
The movement of Italian government bond (BTPS) spreads will depend on who will be the next finance minister, and future volatility will depend on whether the new government’s decisions diverge from the European Union, according to a top fund selector.