ANALYSIS: FCA report puts closet trackers on notice

ANALYSIS: FCA report puts closet trackers on notice

Unsurprisingly, most of the responses hitting the inboxes of industry journalists through the course of an otherwise quiet Friday began with “welcoming” messages to the FCA interim report on the asset management industry.

Best Practice | 17 Nov 16

Offshore firms hit worst by increased compliance demands

Compliance requirements are a greater burden offshore, driving up client charges and forcing some firms to turn away business, research from Step has found.

Best Practice | 17 Nov 16

Millennials value financial advice at just £28.50 per hour

Millennials are willing to pay an average of just £28.50 ($35.50, €33.12) per hour for financial advice, casting doubt on the industry’s ability to capture younger clients amid the rise of robo-advice, research from financial services PR consultancy MRM has found.

Best Practice | 16 Nov 16

UAE insurance regulator to clamp down on fees and commissions

The main life insurance regulator in the UAE has unveiled plans to tackle high fees and hidden commissions across the industry after receiving what it described as “an alarming amount of complaints from policyholders”.

Africa | 16 Nov 16

Five top advisers predict the perfect business in five years

The financial advisory space is undergoing an enormous amount of flux at the moment.

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