Industry
UK Ombudsman faces grilling after TV exposé
Following accusations of poor training by an investigative television programme, the UK’s Treasury Select Committee has set out “important points of principle” it expects to be reflected in the review of the Financial Ombudsman Service (FOS).
Lombard Odier extends into Indonesia
Swiss private banking group Lombard Odier has signed a strategic agreement with Indonesia’s Bank Mandiri that will see the firm extend its south-east Asia business model.
Premier League adviser jailed for seven years
An “arrogant” financial adviser whose clients included celebrities and football stars has been jailed for seven years for a range of offences, including sexual assault.
Progeny launches adviser-only ETF solution
A multi-asset ETF product that is only available through financial advisers has been launched by Progeny Asset Management.
Best Practice | 17 Apr 18
SJP among firms targeted on diversity
St James’s Place, Provident Financial and several investment trusts are among a raft of FTSE companies the Investment Association has written to demanding an explanation for poor gender balance at executive level or risk a shareholder mutiny.

