Best Practice | 23 Jan 18
Getting Under the Skin of Pension Transfers – the importance of explaining risk
It is vitally important to explain risk to clients who are transferring their defined benefit (DB) pensions.
EU tax haven blacklist shrinks by half
The European Union’s embattled list of non-cooperative jurisdictions for tax purposes has nearly halved after commitments were made at a “high political level” in eight jurisdictions to address EU concerns.
Australian bank to pay millions in advice compensation
The Commonwealth Bank of Australia (CBA) has been rapped for more advice failings and is expected to pay nearly A$2m (£1.15m, $1.6m, €1.3m) in compensation to clients of five former advisers.
Mifid II exposes ‘charging grubbiness’ of top 20 funds
Some of the biggest names in UK retail are charging investors nearly double the ongoing charges figure (OCF) of their funds, Mifid II regulations have brought to light.
SJP Singapore poaches chief exec from Nexus
St James’s Place Wealth Management Asia has recruited Nexus Financial Services’ chief executive Gary Harvey to head up its Singapore business.