Tax & Regulation | 19 Jan 15
FSCS proposes cut in running costs levy
The UKs financial regulators have proposed a £5.5m ($8.3m, 7.2m) decrease in the Financial Services Compensation Schemes (FSCS) running costs.
Mauritius FSC issues warning
The Mauritius Financial Services Commission has issued a warning against The Four Elements PCC, an umbrella fund structure under which there are understood to be up to 26 funds.
United Kingdom | 15 Jan 15
Old Mutual Wealth rolls out service
Old Mutual Wealth is rolling out a ‘B2B2C top-up service’ for financial advisers following a successful trial run.
ExSchroders analyst joins OMGI
Old Mutual Global Investors has appointed a former Schroders employee to work as an analyst for its Dublin-domiciled umbrella fund.
RBS shortlists banks for Coutts Intl sale
Several banks have been shortlisted for the second round of bidding for Coutts International.