Industry
Investec granted first Isle of Man alternative bank licence
The very first Isle of Man Alternative Banking Regime (ABR) licence has been granted to Investec Bank (Channel Islands).
Commodities | 20 Jul 18
Failed Columna fund targeted by financial investigator
Switzerland-based financial investigator David Mapley has launched a campaign to seek the return of $400,000 (£307,092, €343,963) for a client who invested in the failed Columna Commodities fund.
Best Practice | 20 Jul 18
UK IFAs facing advice suitability review in 2019
The Financial Conduct Authority has outlined plans to re-assess the suitability of retail investment advice in 2019, according to its latest annual report.
Under-fire Aussie insurer unveils adviser training programme
On the back of strong criticism over how AMP has treated clients, Australia’s largest advice firm has launched a training and development programme to “meet the growing demand for high-quality financial advisers”.
Retirement | 19 Jul 18
Bid to recover £21m lost in boiler room scam
The Pension Regulator (TPR) has appointed Dalriada Trustees to clean up a £21m defunct pension scheme.