United Kingdom | 25 Jun 15
Guernsey funds grow by £3bn in Q1 2015
Guernsey’s fund industry has seen steady growth so far this year, with total funds under management increasing by £2.8bn to reach £222.2bn.
MAS backs framework for resolving cross-border institutional issues
The Monetary Authority of Singapore has underlined the importance of establishing cross-border cooperation with authorities around the world to help resolve issues with financial institutions with a parent company based outside of the city state.
Retirement | 24 Jun 15
HMRC waives penalty charges on KiwiSaver pension transfers
HM Revenue & Customs will waive penalty charges on UK pension fund transfers made between 6 April and 17 June into KiwiSaver schemes which have now lost QROPS status.
Pictet adds to multi-asset wave with fund for ex-Barings trio
Pictet Asset Management has added to the growing trend of multi-asset products with the launch of the FP Pictet Multi Asset Portfolio.
Investment | 23 Jun 15
ETFs surge by 70% on Novia platform
UK-based platform provider Novia has seen the number of exchange-traded funds (ETFs) selected by advisers soar over the last year, but the firm’s chief executive said more needs to be done to familiarise IFAs with the products.