Companies | 13 Feb 17

St James’s Place, one of Britain’s biggest wealth managers, has come under fire for paying its advisers using an ‘air miles’ type system which rewards them with trips and jewellery for bringing in high levels of client investment.

Europe | 13 Feb 17

International IFA firm Alexander Beard has unveiled a euro-denominated self-invested personal pension (Sipp) aimed at British expats living in France.

Asia | 13 Feb 17

The 151 guaranteed funds sold in China, will henceforth be called “risk-hedging strategy funds” to reflect their potential risks, according to the new guidelines released by the China Securities Regulatory Commission.

Fixed Income | 13 Feb 17

Stronger volatility is coming and credit risks are not properly priced to reflect the change due to investors chasing yield, said Jonathan Xiong, head of the fixed income alternatives group at Goldman Sachs Asset Management.

Profiles & Comment | 13 Feb 17

Advisory firm Ascor has rewritten the rule book for financial advisers in South Africa, adopting a best-practice approach years ahead of the country’s imminent regulatory changes. Its co-founders believe the industry is taking great leaps forward, ensuring a more professional and client-focused future