“Switzerland overhauls anti-money laundering laws”

Jul 7, 2019 | In the news

An independent (financial adviser’s) view

Had a couple of interesting conversations recently. One with a conspiracy-theory-believer, who’s been convinced that everything and everybody in power has their strings pulled by a few, super-rich persons of no fixed abode or nationality. Another with an Exeter alumni who lives in Switzerland and hunts money-launderers. He told me he’s closed down six banks in as many years. Is there a connection? Or would that be just another, crazy conspiracy theory?

Read more here

FF523227 D89A 44DA A45A C3B60A0C6863 e1562493551872 1 scaled
“Record year for annuity sales driven by advisers”

“Record year for annuity sales driven by advisers”

I was asked this week whether annuities are now ‘a good investment’. They’ve been recommended very rarely in recent years, since ‘pension freedoms’ allowed pretty much unlimited drawdown on pension funds and anything left to be passed on to beneficiaries free of Inheritance Tax.