Best Practice | 7 Jun 16
UK advisers working longer hours, charging £157 per hour
More than a quarter of UK financial advisers are working longer hours, charging an average hourly rate of £157 ($226, €199), according to research from British insurer Prudential.
African dream: a profile of Carrick Wealth
Craig Featherby’s start-up, Carrick Wealth, has hit the ground running, benefiting from South Africa’s burgeoning offshore funds market. He shares his inside view on the country’s current economic troubles.
Emerging Markets | 7 Jun 16
HSBC overweight emerging market equities
A cautious US Federal Reserve, stabilisation of oil prices and accommodative monetary policies are among the factors expected to drive emerging market equities, according to HSBC Private Bank.
Feifa labels Priips regs ‘unworkable’
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.
People Moves | 7 Jun 16
PEOPLE MOVES: Axa, Walker Crips, L&G
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.
