UK
Investment | 31 Jul 24
FCA restricts wealth manager amid some client fees exceeding 65% of portfolio value
The firm had also transferred £1.3m from its bank account throughout the FCA’s ongoing enquiries
Revolut gains UK banking licence in ‘important milestone’
Revolut said in the statement that it now enters the ‘mobilisation’ stage
Regulation | 17 Jul 24
Experts react to surprise UK pensions bill in today’s King’s speech
A wide-ranging Pensions Review to tax reliefs, the state pension and advice/guidance is in prospect
National Crime Agency recovers £5.8m linked to international money laundering network
Funds moved from complex network of UK accounts with majority switched on to accounts in Hong Kong and Taiwan
Financial planning | 10 Jul 24
VIDEO: Highlights of the II Connect 2024 event
Click on this video to view highlights of this year’s sold-out II Connect 2024 event held in Marylebone, London at the end of May