Other News

Investment consultancy bfinance has found more than a quarter of professional investors experienced losses greater than 10 percent in the first quarter of 2020, during the sharpest equity drawdown in history.

Gold prices reached a record high yesterday buoyed by extraordinary monetary policy and a weakening US dollar.

UK investors and business owners have become marginally more optimistic about the country’s long-term prospects, despite the impacts of Covid-19.

Tilney has become the latest wealth firm to join the WealthiHer Network – a advocacy group focused on ensuring the sector caters for women.

A report looking at the world’s multi-millionaire population has concluded such individuals will pass on in excess of $15 trillion over the next decade.

Shareholder dividends paid by UK companies fell by a record 57 percent in the second quarter, as firms faced “horrendous” trading disruption and looked to shore up their balance sheets against a Covid-19-induced recession.

One of the first major surveys of UK financial services workers’ attitudes to returning to the office has shown the majority of staff are resistant to going back full-time.

The European Commission has recommended that member states do not grant financial support to companies with links to countries that are on the EU’s list of non-cooperative tax jurisdictions. 

Wealth planners have tentatively welcomed a new online tool set to be introduced around Lasting Power of Attorney (LPA), but have warned the system could be ripe for abuse if not implemented properly.

Private equity firms invested in a record 464 companies in Central and Eastern Europe (CEE) in 2019, with investment increasing by 7 percent year-on-year to €2.95 billion