News
Middle East | news 26 Mar 18
Dubai adviser facing court date
Dubai adviser Neil Grant, who was convicted of operating without a licence, is to be pursued in the UAE’s civil courts.
FCA keeps ‘unsuitable’ DB transfer assumption
The Financial Conduct Authority (FCA) has backtracked on a proposal to change its position that an adviser should assume that a Defined Benefit (DB) pension transfer is “unsuitable” for a client.
Investment | news 26 Mar 18
Ticking time bomb for advisers outsourcing investment
Markets are creating a ticking time bomb for advisers outsourcing investment business to discretionary investment managers under the agent as client model with a downturn likely to highlight shortcomings that have previously been ignored.
Tax & Technical | news 26 Mar 18
Adviser rapped for misleading tax scheme ad
A financial adviser who ran adverts for a scheme promising to avoid at least 60% of a stamp duty bill, has been slammed for being misleading.
Miton Optimal to offer DFM services in Singapore
Cape Town-based Miton Optimal, a discretionary fund management specialist firm, has received a full capital markets licence from the Monetary Authority of Singapore.