Tax & Regulation | 28 Jan 15
RDR mistakes act as warning for MiFID II
The implementation of new distribution regulation in Europe is “fraught with danger”, according to a new report from ALFI, which also heavily criticises the implementation of the Retail Distribution Review in the UK.
Brewin Dolphin suffers 23 commission income drop
Brewin Dolphin saw a 23% drop in commission income in 2014, according to the firms results for the three months to 31 December.
Tax & Regulation | 28 Jan 15
FCA chief expresses regret over shoot first
Martin Wheatley, the chief executive of the Financial Conduct Authority, has said he regrets his description of the regulators approach as shoot first, ask questions later.
Fund centre Luxembourg not afraid of competition
Luxembourg is confident of its bright future in the face of increasing competition from burgeoning fund centres, said the Association of the Luxembourg Fund Industry (ALFI).
DeVere launches mortgage division
DeVere Group has launched deVere Mortgages, a standalone mortgage division designed to cater to a skyrocketing demand from UK expats.