Vanguard joins EM chorus, sees strength in bonds
The firm sees improvement in the risk-reward balance for sovereign and investment grade corporate bonds in emerging markets.
Retirement | 20 May 16
Apfa’s Hannant brands BoE adviser criticism ‘unhelpful’
Chris Hannant, head of the Association of Professional Financial Advisers (Apfa), has hit back at Bank of England economist Andy Haldane’s remarks that financial advisers have “no clue” about pensions by branding them “unhelpful”.
Efama blasts Priips document as ‘not fit-for-purpose’
Europe’s main asset management trade body has slammed the new consumer information requirements for those selling packaged retail and insurance-based investment products as a “danger” to investors.
Tax & Regulation | 19 May 16
Ex-Keydata employee banned by FCA but escapes £200k fine
The Financial Conduct Authority (FCA) has banned and publicly censured the former compliance officer of disgraced investment firm Keydata.
Best Practice | 19 May 16
IFAs have ‘no clue’ on pensions – Bank of England economist
The Bank of England’s chief economist Andy Haldane has said that financial advisers have “no clue” about pensions, while admitting that he himself cannot make the “remotest sense” of them.