Axa Wealth drops pension platform charges
Axa Wealth will scrap regular charges for both its pension products and drawdown services available via the Elevate platform.
United Kingdom | 26 Nov 14
Regulatory reforms a significant burden
The “unprecedented wave” of regulatory changes will “present a significant burden” to asset managers, said EFAMA’s Peter De Proft.
3 5 million consumers now divorced from advice
Senior advisory figures in the UK have claimed that both the Financial Conduct Authority (FCA) and advisers should be held to account for divorcing many consumers from advice, following the implementation of the Retail Distribution Review (RDR).
North America | 25 Nov 14
NY beats London as top financial centre
New York is the world’s number one centre for finance, according to a survey of 300 financial services professionals.
Dont write off small clients just yet
The prospect of a looming advice gap at the lower end of the financial spectrum is a rather well-trodden narrative path among both the industry and financial journalists. But, what is perhaps less well understood is the manner in which technology is likely to play a role.