Companies
Aussie regulator sues superannuation trustee firm
It alleges the company charged over A$4m in fees for no service
UBS sells Swiss advice arm to wealth manager
Acquirer wants to bolster its offering for US clients who seek ‘geographic diversification’
Failed mini-bond firm redress pot hits £91m
Just over 84% of eligible bondholders have been given compensation
Investors warned inflation is no longer ‘transitory’
It is ‘proving to be a bit more persistent and higher than many expected’
Gam International Management handed £9.1m fine
And ex-bond manager receives a £230,037 penalty