MiFID firms fall short on advice responsibilities
Investment firms across Europe are failing to provide the best possible results for their clients as they are required to under the Markets in Financial Instruments Directive (MiFID), the EUs key independent authority has said.
ABI warns UK is not ready for pension reforms
The UK government’s failure to clarify fundamental details around pension reforms has left the industry unprepared for the changes, according to the Association of British Insurers.
Axa Wealth Intl has moderate FUM growth
Axa Wealth International has seen modest growth in funds under management which rose by £400m in 2014, despite a “challenging” post-RDR environment.
Investors rally against firm after £9m losses
Hundreds of investors who lost around £9m in an allegedly fraudulent investment scheme are uniting to try to get their money back.
ITA grows Middle East business in Dubai
Investors Trust Assurance (ITA) has opened an office in the Dubai International Finance Centre (DIFC) to increase its activity in the Middle East.