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FCA and Insolvency Service sign new deal to fight phoenix firms

The FCA and the Insolvency Service have signed a new deal to crackdown on misconduct after firms collapse. Directors at firms that are collapsed or under investigation are facing tougher measures under the terms of the ‘memorandum of understanding‘, which will see the FCA and the Insolvency Service sharing more information in an effort to […]

FCA warns of fraudulent Axa IM clone

Axa Investment Managers is the latest firm to be cloned by scammers, the FCA has warned. The clone firm has been operating under the name Axa IM with a Northampton address. The FCA warning page says a person called Alan Winks is associated with the clone firm and three email addresses have been set up. […]

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Sanlam UK chair steps down

Sanlam Private Investments UK chair Daniël Kriel is stepping down after nearly six years in the role. He will be replaced by Sanlam UK chief executive Jonathan Polin. Polin became chief executive of the Sanlam UK group in January 2016. Kriel is also stepping down as Sanlam Private Wealth chief executive after 13 years. Sanlam […]

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AJ Bell adds to passive range with global growth fund

AJ Bell is expanding its passive range to target a higher expected return for investors with a new global growth fund. AJ Bell launched its first range of own-brand funds last year with five risk-targeted multi-asset passive funds. The platform and Sipp provider said it has launched the Passive Global Growth fund in response to […]

Powerful estate planning tools ignored or forgotten by wealthy Brits

Canada Life IHT Survey 2016 Only a quarter of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than required More than a quarter don’t even have a will and just one in five have gifted money Many say they do not need these tools but families would […]

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