Industry
Blackrock and Schroders frontrunners for £109bn Lloyds mandate
Asset managers Blackrock and Schroders are the rumoured frontrunners to oversee £109bn ($144.3bn, €123.5bn) for Lloyd’s Banking Group (LBG), after its contract with Standard Life Aberdeen was terminated earlier this year.
Best Practice | 16 Jul 18
Seven steps for better platform client outcomes
From banning exit charges to drawing on the platform industry to tackle orphan clients, the Financial Conduct Authority has outlined seven remedies to improve consumer outcomes.
Taking a hedge fund mentality to online wealth management
Negativity around robo and investment technology a few years ago prompted former hedge fund executives Ian Cadby and Jonathan Wauton to get into the online wealth management space, culminating in the launch of platform Tiller on Monday.
Bank of Singapore to open Luxembourg wealth manager
The private banking arm of OCBC Bank has received regulatory approval to launch a wealth management subsidiary in Luxembourg.
Zurich disputes UAE life insurance cost disparity claims
Zurich Insurance has played down grumblings from some IFAs in the UAE that they are not being treated fairly by the firm’s strategy of distributing its life products through both bank and financial adviser channels.