X

Mortgage & Property

New Insurance Professional

Family Office Bulletin

Mortgage Property

Insurance Professional

Family Office

Deloitte in hot water over WPP accounting debacle

Daily Twitter round-up by @peter_IFAMAG


Deloitte audits under scrutiny after advertising company WPP told to open their books from 2017 – 2019. WPP mis-stating statutory losses by £301m in the first 6 months of 2020. Elsewhere, Massachusetts regulators launched a complaint against RobinHood over the ‘gamerfication’ of trading. Also across the pond JP Morgan and Morgan Stanley bidding war for Eaton Vance revealed, suggesting Wall Street Banks are keen to beef up their Asset Management.

First Adam Tooze shares amazing liquidity data. The world’s most valuable non-financial firms have increased their cash reserves by $2.1trn in 2020 alone.

Wall Street Banks look to beef up asset management suggests Arash Massoudi in this FT scoop. JPMorgan lost in a bidding $7bn bidding war for Eaton Vance.

US regulators are coming for US retail investing platform RobinHood, will this be a trend followed in the UK?

French Fintech is on the rise according to Isabel Woodford, key contributor to Sifted. Lydia just announced France’s largest investment round.

Deloitte in hot water following WPP accounting errors. WPP will open their books, audited by Deloitte, for 2017-2019.

And Finally, the latest UK furlough data paints an interesting picture. Charlie McCurdy shares the data.

 


What are your thoughts on these tweets?

Tweet your responses to @peter_IFAMAG

 

 

This Week’s Most Read

  • Pensions: the tax trap whose bite is worse than its bark

    Pension rules are increasingly complex, with the cost of getting it wrong often punishing. JM Finn’s Atticus Kidd explains the rules around the annual allowance

  • Haatch SEIS fund oversubscribed within 2 weeks

    Haatch Ventures quietly launched their first SEIS Fund in March, with a target raise of £1.5m.  This figure was reached within 2 weeks, and the

  • Why Government support means there has never been a better time for sustainability start-ups

    When Glasgow hosts the United Nations Climate Change Conference in November, it will be more than two years since the UK signed into law its

  • Staycation Boom Could be Taxing for Landlords

    Furnished holiday lets offer tax breaks, but owners need to tread carefully. Soaring demand for holiday lets as the UK plans for a ‘staycation summer’

  • Free EIS reviews

    High Quality Independent EIS Reviews, completely FREE for advisers   To sign up for your free reviews, you can register here or email your contact

  • MainStreet Partners: does the ‘S’ in ESG have ‘middle child’ syndrome?

    Long overlooked in favour of its more obvious counterparts, last year saw investors turn a corner and beckon in ‘an era of social impact investing’,

  • How can financial advisers improve their customer experience across the generations?

    While the adviser ‘experience’ has a critical role to play in the retention of your clients, it’s clear from new and enlightening research from Prudential,

  • Pandemic has delayed important tax planning decisions according to advisers

    Survey results released following research conducted by Vouchedfor on behalf of Octopus Investments  People have delayed making financial decisions, including important tax planning, as a

  • The Coming Decade for Climate Solutions

    Randeep Somel, Fund Manager, M&G Climate Solutions Fund, is finding reasons to be cheerful as he uncovers some of the powerful drivers of change which

  • Deepbridge achieves record EIS fundraising levels

      Record £29 million deployed across 37 growth companies Deepbridge attributes success to intermediary relationships and sector focus Venture capital investment manager Deepbridge Capital today

IFA Magazine

Keep updated on the most important financial events 

Make sure you are an informed

wealth professional..

Adblock Blocker

We have detected that you are using

adblocking plugin in your browser. 

IFA Magazine