The Financial Conduct Authority (FCA) has fined Henderson Investment Funds £1.9 million for failing to treat customers fairly.
The regulator says that 4,713 retail investors in the Henderson Japan Enhanced Equity fund and the Henderson North American Equity fund were treated differently from institutional investors in the same funds.
The government has addressed the problem of high-earning NHS doctors refusing to work extra hours because of the fear of being penalised on excessive pension contributions and facing unexpectedly high tax bills as a result.
The latest Janus Henderson Global Dividend Index report, a long-term study of global dividend trends, shows underlying growth in payouts from publicly listed companies of 5.3% for the third quarter, coming in at $355 billion (£273 billion).
Janus Henderson says growth is in line with the long-term trend identified by its index, but adds that a market slowdown is under way. There were notable above-trend performances from the US and Europe.
The Labour Party is proposing to nationalise BT Openreach in an unexpected election announcement that has taken the stock market by surprise.
BT Openreach is the telecom giant’s infrastructure division responsible for rolling out its high-speed broadband network across the UK.
The party plans for its new publicly owned British Broadband to be free to all households and businesses.
Bitcoin, currently priced at $8,508 (£6,725) according to data site cryptocompare, is trading at 12-month highs after staging a dramatic price recovery since the beginning of April.
It hasn’t been lost on investors looking to reposition their portfolios for more uncertain economic times that bitcoin is the best-performing asset this year by some considerable margin, having risen 122% since January.
Only a small percentage of the UK population has bought bitcoin or any of the other cryptocurrencies, according to the Financial Conduct Authority.
Even among the 3% of consumers who have bought a cryptocurrency, there is a high degree of ignorance about what they are and how they work.
The Financial Conduct Authority (FCA) has announced the beginning of a consultation on cryptoassets. The consultation period ends on 5 April, with a view to a policy statement in the summer with possible legislation to follow.
The question of whether bitcoin could oust gold as the leading asset of choice for difficult times is one some investors are asking, as economic and geopolitical risks pile up and the search for safe havens continues, preferably in assets not correlated to equities.
Opinion is divided on cryptocurrencies, so is there value in bitcoin or should we focus on the technology behind it?
Gary MacFarlane takes a look a dominant theme for the year in the cryptocurrency space: the hunt for the next Bitcoin.