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Property fund slams closure of Serious Fraud Office case

Commodities | News 20 Jul 18

Failed Columna fund targeted by financial investigator

Switzerland-based financial investigator David Mapley has launched a campaign to seek the return of $400,000 (£307,092, €343,963) for a client who invested in the failed Columna Commodities fund.

Best Practice | News 20 Jul 18

UK IFAs facing advice suitability review in 2019

The Financial Conduct Authority has outlined plans to re-assess the suitability of retail investment advice in 2019, according to its latest annual report.

All DB pension transfer firms face FCA grilling

Retirement | News 19 Jul 18

Bid to recover £21m lost in boiler room scam

The Pension Regulator (TPR) has appointed Dalriada Trustees to clean up a £21m defunct pension scheme.

PEOPLE MOVES: KPMG, Investors Trust, Carrick

People Moves | News 19 Jul 18

PEOPLE MOVES: Abacus Gibraltar, Sanne, Ros Altmann

Adviser Abacus appoints Hong Kong office lead, Sanne names Jersey client services director from UBS and former UK pensions minister Baroness Ros Altmann joins a fintech firm.

News 19 Jul 18

A third of deVere hires are ex-employees

Of the advisers joining deVere Group this year, 31% have previously worked for the company, figures released on Thursday reveal.

AJ Bell to compensate Sipp client for ‘significant injustice’

News 19 Jul 18

UK compensation scheme battles death bond fund

The UK’s Financial Services Compensation Scheme (FSCS), which helps consumers when authorised financial services firms fail, is battling to recover money paid out to investors in a fund that went into liquidation but has since resumed making distributions.

News 19 Jul 18

Global plastics purge to hit oil investors

Ecowarriors could have double the reason to celebrate the global push to eradicate plastics after Legal & General Investment Management highlighted the negative impact lower demand will have on the oil and petrochemical sectors.

Sanlam to take over Moroccan insurer in $1bn deal

News 19 Jul 18

Utmost Wealth to expand worldwide with Generali acquisition

Utmost Wealth Solutions will extend its operations to Latin America, the Middle East and Far East following its acquisition of Generali Worldwide.

News 18 Jul 18

How to advise a divorcee

Divorce is not a new phenomenon but few couples are taking financial steps to protect themselves – what role can an adviser play in reaching the happiest outcome?

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