Europe | 7 Jun 16

Paul Stanfield, head of The Federation of European Independent Financial Advisers, has slammed the key information document (Kid) as “unworkable”, warning that implementing it in its current form would reduce choice for consumers.

Middle East | 7 Jun 16

Saudi Arabia has formally unveiled its National Transformation Plan, which sets out how it will more than triple its non-oil revenue, cut state handouts and create more than 450,000 new jobs in the private sector, all by 2020.

People Moves | 7 Jun 16

Axa promotes internally to fill chief operating officer role for its Asian operations, while Walker Crips hires ex-Nutmeg head of compliance. Rowan Dartington appoints new investment manager in its London office, as China’s GFI gets new chief investment officer.

Macro Views | 6 Jun 16

Some of Schroders best known fund managers have picked out what they see as the biggest concerns for investors in the near term.

Tax & Regulation | 6 Jun 16

International IFA firm Strabens Hall says it no longer faces “inevitable insolvency” due to £1m in claims over ill-fated investments in the collapsed Connaught Income funds after reaching an agreement with its professional indemnity insurer.