A millionaire lord has been charged in relation to a suspected £12m commercial loan fraud. Edward Davenport, 43, who is said to be Lord of Giffords, is one of three men charged last week with conspiracy to defraud, deception and money laundering in a major international commercial loan fraud probe. The alleged fraud involves advance […]
After a protracted gestation period, the Adviser Alliance is finally up and running and we invite all IFAs to stick together with us in the struggle for the restoration of common sense and the novelty of regulatory balance. An additional target is advisers’ reasonable expec- tation that they can rely on the rule of law […]
In what is probably its last chance to create positive momentum before the election, the Government has once again ducked the fundamental issues behind the pensions crisis in favour of the usual short-term political fudge.
A weekly account of the curious goings-on in the world of financial services A game of Brexit MonopolyLast week, in a foreign policy speech, Theresa May said Brexit negotiations were in their “endgame”. WSJ thinks this is highly unlikely, having heard that not even a quarter of European law has been rolled over yet. Wingate […]
KW Wealth chief investment strategist Richard Stammers on retaining control of its investment management and involving clients in decision making Is your approach to investment management in-house, outsourced or a combination of both?We do it ourselves. We have two businesses – the wealth platform and the investment management business. Our view is that wealth management […]
FCA must give greater consideration to where detailed rules would result in more effective regulation and better protection Last month saw Sipp provider Berkeley Burke lose its High Court appeal against the Financial Ombudsman Service. The appeal followed the Ombudsman’s decision against Berkeley Burke for failing to carry out adequate due diligence on an unregulated […]