View more on these topics

SFO launches criminal investigation into green investments

The Serious Fraud Office has launched a criminal investigation into an alleged fraud conducted by two green investment funds.

As part of the investigation into Global Forestry Investments and Global Forex Investments, the SFO and City of London Police have today raided two offices reportedly serving as the firms’ bases.

According to a Sunday Times article published in July 2014, Omari Bowers and Andrew Skeene, the two founding partners in both companies, told investors they could expect returns of around 10 per cent by investing in teak plantations in a Brazilian rainforest.

The SFO is currently calling for investors in either fund to report any losses, with some already having reported losses of up to £10,000.


Clock money 620 x 430

MP warns protection damaged by ‘toxic’ reputation

The chairman of the All-Party Parliamentary Group on insurance and financial services has warned that income protection take-up is being damaged because the word itself is “toxic”. Conservative MP for Cardiff North Jonathan Evans says two-thirds of products sold are taken out by employers on behalf of their staff, while total penetration is estimated at […]

David Shelton’s business tips: Prioritising threats and opportunities

If you have reviewed the threats and opportunities relating to your business, you will know the lists can be lengthy and contain issues of different scale, timespan and impact. Typically, only a few of these will be really important for your business, so use the following questions to help identify where you should concentrate: What […]

FCA logo new 2 620x430

FCA fines Aviva Investors £17.6m over conflicts of interest failings

The FCA has fined Aviva Investors Global Services £17.6m for systems and controls failings that meant it failed to manage conflicts of interest fairly. The regulator says these weaknesses led to £132m in compensation being paid to ensure that none of the funds Aviva Investors managed was adversely impacted. From 20 August 2005 to 30 […]

‘How to…audit your auto-enrolment scheme compliance’

Avoid pension penalties with our auto-enrolment checklist

According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm