Investment | 25 Oct 16
SJP reaches record £71bn funds under management
St James’s Place has reached a record £71bn ($86bn, €76bn) in funds under management after a bumper year helped by the acquisition of UK wealth manager Rowan Dartington.
STM extends fee waiver for new Rops
Cross border financial services provider STM Group, has extended its offer of a zero establishment fee for new Rops customers until 31 March 2017.
Australian expats in the US could face taxes on super accounts
Australian expats living in the US may have to pay taxes on their superannuation pension accounts, following changes to the Internal Revenue Service’s (IRS) reporting requirements for such schemes.
People Moves | 25 Oct 16
PEOPLE MOVES: Schroders, HSBC Private Bank, Rowan Dartington, Hargreaves
Schroders big-wig Robin Stoakley moves on from his role as the asset manager’s head of UK intermediary business as HSBC Private Bank hires a new head for its APAC division. Rowan Dartington poaches former Brewin Dolphin sales guru as platform giant Hargreaves Lansdown appoints a new tech head.
Axa to merge its life and general insurance units in Singapore
Insurance giant Axa is set to merge its life and general insurance businesses in Singapore.