The £72m ($108.7m, €102.2m) fine relates to a £1.88bn transaction that Barclays arranged and executed in 2011 and 2012 for a number of ultra-high-net-worth clients. The clients involved were ...

The CRA confirmed on Thursday that preliminary results show that it is on track to generate over C$13bn from audit efforts for the most recent fiscal year ending 31 March 2017. Two-thirds of these ...

WH Ireland is on the cusp of acquiring financial advice firm Harpsden Wealth Management for £7.8m ($10.44m, €8.7m) after returning to profitability for the first time in five years. The Aim-listed ...

Georgios Leontaris has been promoted to chief investment officer for Europe international and Mena region, effective from 1 September 2021. He is based in Geneva and will develop the house view, asset ...

Switzerland-headquartered financial services provider VZ Group has acquired a 50.1% stake in UK financial advice company Lumin Wealth for an undisclosed sum. The collaboration allows VZ to “gain its ...

UK-based Progeny has agreed to acquire international wealth management company The Fry Group for an undisclosed sum. The deal, subject to regulatory approval, will allow Progeny to extend its ...

The UK Public Accounts Committee has released its latest report into the British Steel Pension Scheme (BSPS) scandal which found a series of shortcomings from the financial regulator. While the ...

Hamburg-based owner-managed family office Lennertz & Co has appointed Achim Uebele, a “recognized expert in strategic consulting for wealthy clients, single-family offices, and foundations”. The ...

HM Revenue & Customs (HMRC) has handed back more than £22.3m ($29.4m, €26.7m) in tax charged from pension income in the first three months of 2022, its latest figures show. This is on par with the ...

The disposal is part of a plan announced in November by Europe’s third-biggest insurer to withdraw from less profitable markets where it lacks scale, and to focus on core countries. It follows a $172m ...

Servicing clients who do not meet the advice threshold is an age-old dilemma for advisers, writes Izzy Neil, head of business development at Wealthify. With the cost of living crisis and inflation at ...

Nearly half (44%) of 35-59-year olds are worried about managing their parents’ finances when the responsibility passes to them, according to the Schroders Personal Wealth Family and Finances Report.