Under the radar regulation hits Asia
The consolidation drama playing out in Europe’s life sector is grabbing headlines while significant regulatory change in Asia – including a cap on insurer ownership – remains firmly out of focus.
Aim-listed Harwood acquires Southampton-based IFA
Harwood Wealth Management has continued its buying spree with the purchase of Southampton-based IFA AE Financial Services from its parent company for £4.6m.
Active equity has good year but suffers longer term
More than half of active UK equity funds outperformed last year, but three quarters underperformed over a 10-year period, according to S&P Dow Jones Indices (SPDJI).
Allfunds debuts tax advantaged ETF transfer platform in Spain
Allfunds Bank, the European headquartered open architecture platform, is to offer a trading facility to enable investors in Spain to transfer between ETFs and mutual funds without incurring any capital gains tax.
Brexit threat to Gibraltar may trigger sector exodus to Spain
Brexit poses a significant threat to financial services in Gibraltar but re-domiciling to the Spanish side of the border could spare the sector.