Home investors pull back, setting up third-quarter test

An advisor’s choice between a “sunset” deal for a succession plan or dropping their brokerage firm to sell an independent advisory business involves one option that is easier and one that pays better. Processing Content With more than 100,000 advisors managing nearly $15 trillion in client assets expected to retire over the next decade, many…

The Securities and Futures Commission (SFC) has issued a circular ordering internet brokers and virtual asset trading platform operators (VATPs) in Hong Kong to abandon one-time passwords (OTPs) in favour of phishing-resistant authentication methods, as account takeover attacks targeting client credentials continue to rise. The regulator’s directive, published on 9 July 2026, requires firms to…

Inheritance tax planning is becoming increasingly important as pensions will fall into estates for inheritance tax (IHT) purposes from April 2027. As the government looks to cut off a typical avenue for transferring wealth, an estate planning tactic could boost your loved one’s pension pot while reducing inheritance tax liabilities. You could make use of…

Despite operating separate order books, liquidity pools and user bases, Polymarket and Kalshi priced Spain’s chances of winning the World Cup at almost exactly the same probability ahead of Sunday’s final. Polymarket priced Spain at roughly a 59% chance of lifting the trophy before kickoff, while Argentina traded near 40%. Kalshi’s market independently arrived at…

Yen Moves ‘Pretty Contained’—US Treasury’s Bessent on Intervention and Policy US and Japan Respond to Yen Movements and Monetary Policy By David Lawder and Leika Kihara Recent Yen Movements and Market Reactions ASHEVILLE, North Carolina, Aug 30 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Sunday recent yen moves were “pretty well contained,” suggesting…