Industry
Duration raises mis-selling risks in bond-heavy portfolios
With interest rate rises looming, duration concerns are now becoming more tangible and many commentators are wondering if a bond mis-selling scandal awaits low-risk portfolios full of bonds.
FNZ investors plan £2bn sale
The two private equity backers of the fintech firm FNZ, which powers the platforms for Standard Life, Aviva and Quilter, are considering selling their stakes in the company, according to media reports.
Vanguard to shut Singapore office
Investment company Vanguard has decided to consolidate its Singapore operational and client activities in Hong Kong.
Naming and shaming tax avoiders doesn’t work
The threat of having their names made public does not stop people and companies from avoiding paying tax, a report commissioned by HM Revenue & Customs has found.
Australian financial advisers face ‘provisional’ year
New financial advisers in Australia could soon be known as “provisional financial advisers” and be required to undergo 12 months of practical, on-the-job training.