Labour leader Jeremy Corbyn has slammed the Government for its failure to tackle tax avoidance in the aftermath of a huge leak of documents detailing offshore schemes used by wealthy investors. The raft of confidential documents was leaked from one of the world’s biggest offshore law firms, Panama-based Mossack Fonseca, and shows how the firm […]
The FCA says brokers working in the secondary annuity market will not be allowed to charge commission. In a consultation setting out rules to govern the secondary annuity market, published today, the FCA says people selling on their annuities will be required to take “appropriate advice” above a threshold. However the regulator has not defined […]
UK financial planning and discretionary fund management firm Harwood Wealth has been admitted to the Alternative Investment Market for £45m. Broker N+1 Singer raised £13.5m in an over-subscribed fundraising, of which £10m was raised as new equity for the wealth manager. Harwood Wealth says most of the proceeds will be used to fund further acquisitions and […]
Walter Price, senior portfolio manager, Allianz Global Investors, discusses the aim and objective of the trust, how companies may benefit from cloud computing, why you should choose to invest in a technology fund and the potential implications of the Trump presidency.
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