News
Alternatives | news 11 Jul 18
Tensions simmer over definition of impact investing
Impact investing, as a dedicated niche of sustainable investing, is under threat by greenwashing from mainstream asset managers, specialists warn.
Troubled Sipp provider sees revenue soar by 35%
Liberty Sipp, which is currently facing multiple claims of mis-selling unregulated investments, has seen its assets under management surge to £2.95bn ($3.9bn, €3.3bn), according to its latest annual report.
Old Mutual and Friends Provident hit back after court threat
Threats of legal action against Old Mutual International for allegedly mis-selling high-risk investments are not coming from a law firm but a “claims farmer trying to generate publicity”, a spokesperson for the insurer told International Adviser.
High-risk pension quartet banned for 21 years
Four trustee directors behind a high-risk UK pension scheme have been banned following an Insolvency Service probe.
Investment | news 11 Jul 18
Services boost GDP as UK pursues goods-centric Brexit
Services have bolstered UK GDP growth less than a week after Prime Minister Theresa May outlines plans to pursue a Brexit trading relationship with the European Union focused on goods.