ec commissioner barnier maintains ifas
Independent advisers in Europe should be banned from receiving commission payments, according to Michel Barnier, European commissioner for internal market and services at the EC, who sets out his position in a strongly worded letter to Fecif chairman, Vincent Derudder.
jersey fsc wraps up corinthian holdings
The Jersey Financial Services Commission has formally wrapped up an investigation of a Jersey firm it had been investigating, more than a year after the company, Corinthian Holdings Ltd, ceased trading.
employee choice opens for mpf investors
Investors in Hong Kong will, from today, be allowed to transfer contributions they have made into the national Mandatory Provident Fund to an MPF trustee and scheme of their choice.
hermes commodity strategy offered on
Deutsche Bank has launched the Hermes Absolute Return Commodity hedge fund on its platform dbSelect, to allow investors easy access to diversification from equities and bonds.
People Moves | 31 Oct 12
uhy intls new chairman hornan eyes options
Ladislav Hornan, the newly-named chairman of the global accountancy network UHY International, says the organisation should look for growth to come from a variety of areas, including but not limited to the natural expansion of member firms in their local markets.