Companies
Lack of PI insurance biggest ‘struggle’ for advisers in 2020
With number of insurers in the space largely contracted
Westpac fined A$9.15m over poor financial advice
Federal Court of Australia said former adviser breached best interest duties
Challenges abound in China’s newly established advisory scheme
Shifting away from the model where third-party channels get more fees if they are able to sell more funds
Retail investors must overcome institutional learning curve
UK wealth manager Kingswood believes the trend towards alternatives will continue
South African regulator withdraws licence from investment firm
For breaching its conditions by unlawfully promoting an unauthorised product