FCA wades in to property fund suspensions
The Financial Conduct Authority (FCA) has reminded fund managers of their obligations to investors following the closure of a number of high profile property funds in the UK.
Author: Kirsten Hastings
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UK prime minister candidate defends using offshore bank
Using an offshore Jersey bank does not make you a tax avoider, UK prime ministerial candidate Andrea Leadsom has said.
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WisdomTree adds eurozone dividend growth Uctis ETF
Exchange traded fund provider WisdomTree has launched a Eurozone Quality Dividend Growth Ucits ETF (EGRA) on the London stock exchange.
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Lionel Messi sentenced to 21 months for tax fraud
Argentinean footballer Lionel Messi has been sentenced to 21 months in prison for tax fraud by a Spanish court after being found guilty of defrauding Spain of €4.1m (£3.5m, €4.6m) between 2007 and 2009.
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AJ Bell lays the odds for UK post-Brexit reforms
With UK chancellor George Osborne having abandoned his plans to generate a budget surplus by 2020 following Brexit, AJ Bell senior analyst Tom Selby gives his odds on whether HM Treasury will adopt any of the six radical money saving options available to them and if the Pensions Bill will be delayed.
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UK investment scams cost victims £20,000
Victim of investment scams lose an average of £20,000 ($26,780, €24,115), according to UK consumer champion Citizens Advice.
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Columbia Threadneedle to bolster Luxemborg ops ahead of Brexit
Columbia Threadneedle Investments is looking to beef up its presence in Luxembourg prior to the UK leaving the European Union.
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Barings AM launches absolute return fund
Baring Asset Management has launched the Baring Dynamic Absolute Return Fund, an Irish authorised open ended investment company (Oeic) with Ucits status.
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How Brexit will hit offshore financial centres
The UK narrowly voted on Thursday (52:48) to leave the European Union, an unprecedented move with an unclear outcome. What follows will undoubtedly be at least two years of uncertainty, but how will the offshore financial centres fare?
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Alexander Beard partners with French wealth management firm
KMH Gestion Privée and UK-headquartered international financial services company Alexander Beard Group have set up a joint venture to assist companies looking to set up shop in France and provide French and UK nationals with wealth management and pension transfers services.
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Smaller pension pots hardest hit under pension freedoms
People in the UK with smaller pension pots could lose as much as 10% of their retirement savings paying fees under the pensions freedoms, while others are failing to shop around for the best deals.
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People move round-up: Deutsche AM, BMO GAM, Kleinwort Benson
Following a period of medical leave, the head of Deutsche AM is to leave the company in order to focus on his treatment. BMO GAM has named a new chief executive and the departure of its co-chief executive. Recent acquisitions have seen new chief executives appointed at Kleinwort Benson and StarCapital.