United Kingdom | 13 Mar 15
FCA sets final rules on social media use
The UK’s Financial Conduct Authority has ruled that when a financial services firm shares customer endorsements over social media it could be covered by its promotion rules, and it has set out clearer guidance on how employees can use their personal social media accounts.
FPI launches advice support initiative for expats
Isle of Man-based insurance giant, Friends Provident International (FPI), has launched a new financial planning proposition tailored to British and Australian expats to complement its non-Indian resident (NRIs) initiative.
Tax & Regulation | 13 Mar 15
Life ban for BlackRock fare dodger was ‘disproportionate’
The Financial Conduct Authoritys lifetime ban on an ex-BlackRock managing director who avoided £43,000 in ticket fares has been described as disproportionate and draconian by the head of the representative body for the UKs securities and investment industry.
LM investors recover A$40m from retirement village
Thousands of customers invested in an LM Investment Management fund have received their biggest return since the collapse of the company.
Wealth Interactive our top priority
Old Mutual International (OMI) said its online Wealth Interactive Platform is the “top priority” for the company following some challenges, and has outlined plans to extend into Africa and Latin America throughout the rest of 2015.