New High Net Worth and Sophisticated Investor thresholds

Investment and Wealth Savings Concept. Wealthy businessmen own more assets.

HM Govt have made new regulations to the exemptions in the Financial Promotions Order (2005) – Which enable unauthorised Firms to issue financial promotions to high net worth individuals and sophisticated investors. These new rules come into force 31 January 2024. High Net Worth individuals need an income of at least £170,000 (up from £100,000) […]