United Kingdom | 27 Apr 12
most ifas will not offer self directed service
More than two-thirds of advisers do not expect to offer a self-directed service to clients after the Retail Distribution Review takes effect at the start of 2013, according to a poll of 614 financial intermediaries by one of the largest UK investment platforms.
North America | 26 Apr 12
us financial planners group says make do better
Building on the existing regulatory infrastructure for overseeing Americas financial advisers would be better than introducing new legislation of the kind introduced this week by House Finance Services Committee chairman Spencer Bachus and Rep Carolyn McCarthy, a group claiming to represent nearly 75,000 US financial planners said.
North America | 26 Apr 12
us may join uk australia and singapore
US lawmakers have introduced new legislation aimed at boosting the standards of advice on offer from Americas advisory industry, following in the footsteps of the UK, Australia and Singapore.
msci hires um for korea push
Index and portfolio analytics provider MSCI has appointed Tae Jong Um as its head of Korea, responsible for driving the companys development in the country.
Tax & Regulation | 25 Apr 12
aegon uk canada life intl working with clients
Spokesmen for Aegon and Canada Life International report that they are working with their clients to accommodate those policyholders whose offshore bonds lost their tax-efficient status and have been closed to new business, in the wake of changes introduced earlier this month by the UK Budget.