Industry
People Moves | 19 Jul 18
PEOPLE MOVES: Abacus Gibraltar, Sanne, Ros Altmann
Adviser Abacus appoints Hong Kong office lead, Sanne names Jersey client services director from UBS and former UK pensions minister Baroness Ros Altmann joins a fintech firm.
Claimant numbers double in mis-sold Sipp lawsuit
A UK law firm at the heart of a mis-selling case against an introducer, a financial adviser and two Sipp providers has said it now represents 210 clients.
A third of deVere hires are ex-employees
Of the advisers joining deVere Group this year, 31% have previously worked for the company, figures released on Thursday reveal.
Offshore Bonds | 19 Jul 18
UK compensation scheme battles death bond fund
The UK’s Financial Services Compensation Scheme (FSCS), which helps consumers when authorised financial services firms fail, is battling to recover money paid out to investors in a fund that went into liquidation but has since resumed making distributions.
Commodities | 19 Jul 18
Global plastics purge to hit oil investors
Ecowarriors could have double the reason to celebrate the global push to eradicate plastics after Legal & General Investment Management highlighted the negative impact lower demand will have on the oil and petrochemical sectors.