With the regulator firming up its RDR plans and sharpening its TCF teeth, it can only be a good thing for more advisers to open their doors so the FSA understands more about how the firms it regulates work.
Landlords who waited to sell their buy-to-let properties until the second quarter of this year halved their tax bill compared to those who sold before capital gains tax reform.
The ifs School of Finance has called on the Government to drop any reference to personal finance from the maths curriculum.
Bank of England governor Mervyn King’s heavy-handed rejection of proposals to help the mortgage market floated by Sir James Crosby shows there is little consensus on what needs to be done in the homeloan sector.
Investec Bank has appointed Philipp Schmahl as senior investment practitioner to its bank in Switzerland.
Following the surprise return of a majority Conservative government, George Osborne announced that he will deliver a second budget statement on 8 July this year.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]