Tuesday Papers: Trump pulls US out of Pacific trade pact
And global markets turn back on euro as economic woes reinforce dollar as the currency of choice.
Nick Train issues ‘sober’ warning on trust performance
Nick Train has issued a ‘sober’ warning to investors, stressing that the Lindsell Train investment trust (LTIT) is trading on a ‘meaningful’ premium and its continued outperformance ‘cannot be guaranteed’.
Ex-Charles Stanley broker jailed for six years for £1.2m Ponzi fraud
Charles Stanley has reimbursed victims of the con conducted by former employee Stephen Greig between 2006 and 2012.
HMRC updates GAD tables triggering drawdown limit changes
Gilt yields lower limit moved from 2% to 0% meaning the calculation numbers for capped drawdown will change.
Broker note for troubled IFA at odds with FCA notice
The memorandum sent out by a broker selling IFA firm Bank House was at odds with subsequent FCA report on the firm.
Regulation cost biggest threat for advisers, PFS survey finds
The cost and uncertainty surrounding regulation is the biggest threat to advice firms, according to the results of a PFS survey.
40% of asset managers unprepared for Mifid II unbundling
Many asset managers are ill-prepared for the unbundling rules that are due to come into force in a year's time.
FTSE falls as Trump fears send dollar lower
Resurgent pound hits internationally-focused FTSE 100 as fears over Donald Trump's presidency spark dollar sell-off .
Scottish Widows scraps early exit pension charges
Scottish Widows will scrap all early exit charges on pensions ahead of a Financial Conduct Authority cap due to be introduced in March.
Ex-Aifa director Stephen Gay joins savings body
Stephen Gay and Renny Biggins both join the savings membership organisation.
Adviser Profile: Phil Frapple and Chris Rigby of Nexus IFA
Phil Frapple and Chris Rigby have worked tirelessly to progress Somerset-based Nexus IFA from a tight-knit, family-run firm into a serial acquirer of other small businesses