Hong Kong brokerage fined $4m over investment sales failures
The Asia arm of Okasan International has been fined $4m after failing to ensure investment products were suitable for clients.
ANALYSIS: Will ETFs and trusts breathe new life into platforms?
While some have been keen to pronounce platforms to be ‘dead’ providers do not seem willing to throw in the towel and have launched a counter-attack.
People Moves | 2 Nov 15
Old Mutual confirms Bruce Hemphill as group chief
Global financial services firm Old Mutual Group has confirmed the appointment of Standard Bank Group’s Bruce Hemphill as its new chief executive.
Singapore reviews onus of IFA conduct over insurance sales
Singapore’s financial regulator is examining whether advisers or life companies are responsible for the training, competency and conduct of intermediaries selling insurance.
Unicorn launches IHT portfolio service
Unicorn Asset Management and WM Capital Management have launched an Inheritance Tax Portfolio Service.