Companies
65% of SMCR investigations still open
Just two cases have resulted in penalties since the regime was introduced in 2016
PEOPLE MOVES: Canada Life, Banque Cramer, BRI Wealth
Chair steps down from insurer, while Swiss private bank names CEO
Nucleus sold for second time in a year
PE acquirer also holds a 22% share in Canaccord Genuity Wealth Management UK
UK eyes extension to collective DC schemes
To include ‘decumulation only’ options, master trusts and multi-employer pots
New Zealand advice firms merge
Combined company will have NZ$1bn in funds under management